Hello TradingView Family / Fellow Traders,
This is Richard, also known as theSignalyst.
π As per my last analysis, attached to the chart, EA rejected our purple circle zone and traded higher.
Now, what's next?
π For the bulls to remain in control and potentially lead to new all-time highs from a macro perspective, a weekly candle close above $150 is needed.
π Meanwhile, the bears can still kick in, potentially retesting the lower bound of the orange channel. Here, we will be looking for short-term trend-following buy setups.
π Always follow your trading plan regarding entry, risk management, and trade management.
All Strategies Are Good; If Managed Properly!
~Rich
This is Richard, also known as theSignalyst.
π As per my last analysis, attached to the chart, EA rejected our purple circle zone and traded higher.
Now, what's next?
π For the bulls to remain in control and potentially lead to new all-time highs from a macro perspective, a weekly candle close above $150 is needed.
π Meanwhile, the bears can still kick in, potentially retesting the lower bound of the orange channel. Here, we will be looking for short-term trend-following buy setups.
π Always follow your trading plan regarding entry, risk management, and trade management.
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Support Bright Ideas Through Decentralised Crowdfunding
ideaology.io
Buy CRGPT on Uniswap
cutt.ly/CRGPT