Hello and thanks for reading into my Analysis!
If you take a closer look at my chart you can clearly see a bearish channel trending in bearish favors for 152 days now, but, on the other hand, we can say that there are areas where the bulls are clearly active to buy and in this case, it's the line where we pumped from the most (I marked this line in the chart as "crazy support"). It seems that we have a clear channel doing the same thing over and over again for 152 days, so, for now, I'd say its a nice time to fill up some long's until we hit the next upper line of the channel and then a following short, if the conditions are being met, until we don't break out of this channel upwards/downwards its going to be the same game over and over again imo.
I hope you like my analysis and if you have any other ideas I'd love to see them!
Wish you a great day/night/evening/morning
If you take a closer look at my chart you can clearly see a bearish channel trending in bearish favors for 152 days now, but, on the other hand, we can say that there are areas where the bulls are clearly active to buy and in this case, it's the line where we pumped from the most (I marked this line in the chart as "crazy support"). It seems that we have a clear channel doing the same thing over and over again for 152 days, so, for now, I'd say its a nice time to fill up some long's until we hit the next upper line of the channel and then a following short, if the conditions are being met, until we don't break out of this channel upwards/downwards its going to be the same game over and over again imo.
I hope you like my analysis and if you have any other ideas I'd love to see them!
Wish you a great day/night/evening/morning
Trade active:
went perfectly
KSC
