- Sustained price acceptance below current support of 0,0237 will likely result in lower prices (scenario 1).
- Given the fact price is currently still above the support it means it needs to break on a microstructure 0,0263 and we will see probably higher prices, mid range and potentially higher (scenario 2).
- From there it can keep on rising (scenario 2.1) or get rejected (scenario 2.2) and falls below current support.
- Given the fact price is currently still above the support it means it needs to break on a microstructure 0,0263 and we will see probably higher prices, mid range and potentially higher (scenario 2).
- From there it can keep on rising (scenario 2.1) or get rejected (scenario 2.2) and falls below current support.
Note
Scenario 1Trade closed: target reached
closed short and locked in profit due to retest potential.
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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.
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.