hey traders this green demand zone worked as support and push the price up to the upper supply zone as we expected Now we can take this zone as a potential resistance area in first touches u can use DCA at the upper fib lvl above the zone wont b valid if price break up the upper fib in daily TF what u think ? share ur chart and leave a omment
Trade active
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4.441 first Entry ill take it as a shadow above this zone in 4H and daily TF
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Rejected from upper fib and ranging in the zone for trend confirmation in LTF
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make sure u will react based Daily TF i hope this H&S dont happen
I think that this consolidation will raise the price in the next hours to the area of $5 maximum, according to my analysis, but there is still a risk that from this point we will have a major decrease! it is not a financial advice!
HesamUNT
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@LRintrade, hey pal as i said, its very likely, thats why i said DCA at upper fib lvl lets see what happens mate tnx 4 sharing ur thoughts
LRintrade
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@ScalpTrader69 take a look at Strax! from this point there are chances that there will be an increase!!