⚠️This is my opinion and is not a signal to buy or sell⚠️
I don't predict the market and I react to the movement of the market. Let's go to start
As always, we make our own scenarios and wait to see what the market will do
1_We have two strong resistance levels,137.2AND 132,5
We can open a position after the break of 137.2 (closing the candle after 137.2), the risk is better for the reward instead of more risk because the price may return after reaching 132.5, so we can save at 132.5 and save Our 115-day trend line breaks at the same time as 137.2 breaks, that's why I like this scenario more Hitting the trend line for the fifth time, as the saying goes, the more hits, the more likely it is to fail.. Let's wait and see what the price will do
2-Let's wait until 132.5 to see if it breaks or not. Instead, we will get the best position and expect more fall
Maybe the 132.5 line will never be broken
The third scenario, none of the above scenarios happen, the market will be bullish😉
Thank you for reading my comment. If you have any comments, be sure to comment. Thank you
I don't predict the market and I react to the movement of the market. Let's go to start
As always, we make our own scenarios and wait to see what the market will do
1_We have two strong resistance levels,137.2AND 132,5
We can open a position after the break of 137.2 (closing the candle after 137.2), the risk is better for the reward instead of more risk because the price may return after reaching 132.5, so we can save at 132.5 and save Our 115-day trend line breaks at the same time as 137.2 breaks, that's why I like this scenario more Hitting the trend line for the fifth time, as the saying goes, the more hits, the more likely it is to fail.. Let's wait and see what the price will do
2-Let's wait until 132.5 to see if it breaks or not. Instead, we will get the best position and expect more fall
Maybe the 132.5 line will never be broken
The third scenario, none of the above scenarios happen, the market will be bullish😉
Thank you for reading my comment. If you have any comments, be sure to comment. Thank you