MPC - Wait For The Trigger 🏹
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📦 MPC has been overall bearish trading within the falling channel in red.
📈 However, it is currently approaching a strong round number $0.3.
🏹For the bulls to take over and shift the momentum from bearish to bullish, a break above the last major high in red at $0.45 is needed.
In such a scenario, a movement towards the $0.65 resistance would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
📦 MPC has been overall bearish trading within the falling channel in red.
📈 However, it is currently approaching a strong round number $0.3.
🏹For the bulls to take over and shift the momentum from bearish to bullish, a break above the last major high in red at $0.45 is needed.
In such a scenario, a movement towards the $0.65 resistance would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
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