The price is oscillating between resistance and support, which suggests range-bound trading.
Immediate Resistance: $2,996 - $3,000
Immediate Support: $2,980 - $2,985
Stronger Support: Around $2,975
Scalping with Bollinger Bands
Buy when price touches the lower Bollinger Band near 2980
Sell when price touches the upper Bollinger Band near 3000
Confirmation: RSI divergence or candlestick reversal patterns.
Exit: When price returns to the middle band.
Immediate Resistance: $2,996 - $3,000
Immediate Support: $2,980 - $2,985
Stronger Support: Around $2,975
Scalping with Bollinger Bands
Buy when price touches the lower Bollinger Band near 2980
Sell when price touches the upper Bollinger Band near 3000
Confirmation: RSI divergence or candlestick reversal patterns.
Exit: When price returns to the middle band.
Trade active
The support is valid Price bounce back from support and towards the middle pivot now.
That is scalping!
Trade closed: target reached
Guys, Made a lot easy profit by scalping, right? .... Let's look for the breakout!! Big profit is coming to us!
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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.