Supply is currently compressed, H4 formed a Bullish Engulfing . Might see a breakout soon.
Alternative scenario would be a triangle breakout to continue its bearish trend , making a new low.
*DYOR on fundamentals.
Alternative scenario would be a triangle breakout to continue its bearish trend , making a new low.
*DYOR on fundamentals.
Trade closed: target reached
Partial TP achieved, holding the rest to the moon*Manage your own risk*
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.