hello guys...
as you can see a descending channel is in progress now!
in that specific channel, it formed a QM pattern by hunting the lower low!
on the other hand, the flag area and the ascending trendline are so close to the price and I believe that the $25100 area is fantastic for getting a long position but first I am into the short position until the price reach to $25100 and after that, I am going to get a long position!
___________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
as you can see a descending channel is in progress now!
in that specific channel, it formed a QM pattern by hunting the lower low!
on the other hand, the flag area and the ascending trendline are so close to the price and I believe that the $25100 area is fantastic for getting a long position but first I am into the short position until the price reach to $25100 and after that, I am going to get a long position!
___________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Comment:
toward the target, do you get it?
Trade closed: target reached:
if you get it close to half of the position here!
Comment:
it will continue a downward movement!
Trade closed: target reached:
The price hit the target:
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________
🚀🚀My telegram channel:
🥇 t.me/melikatrader94
