brief correction for AUDUSD ❌🧨based on the chart here price still stick in descending cannel ✔
and then
the price has broken the important trend line to the down side 💣
and now
become close to channel resistance so we can expect brief correction here for audusd
just if
the price breaks this resistance we can see more gain.
This is not financial advice, always do your own research.
please, fell free to ask your question, write it in comments below and I will answer.
🐋
Chnnel
CELR > Moving in a Channel > Buy Opportunity?Hello Friends,
Hope you all are having a thrill in your trading journey.
I am presenting you my analysis of CELR .
According to my technical analysis, the Celer Network coin is moving in a channel and now, it is time for a pullback.
"My analysis is valid until We don't see a breakout from Channel"
I hope my analysis is pretty clear to you guys.
Kindly do your own research and follow proper risk management.
Feel free to share your views in the comment section. Like and Follow!
Best Regards,
Shaswat Naman
TradeThrill, India🇮🇳
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
That Blue Line!that blue line is the line that connects two important highs, the 20k and 14k. we had a rally from 3.8k to 10k then we are consolidating in an ascending channel it feels like 2019. when every correction in that time was a consolidation in an ascending manner actually volume is declining since we met 10k.
as i showed you on the chart above the yellow circle is the the end of an impulsive wave and now we are at a correction phase. we don't see volume and it's declining and market is lowering it's fluctuations.
my suggest is to long this market and here is a edge to start:
open a long position :
size : 50% of equity
EP = 9440 (now)
SL = 8800
TP = 10500