Hi everyone!
I decided to prepare EBST market analysis for you today.
On the price chart, we can see the formation of the good short-term trend. It's important to note that in moments of price rise, trading activity increases in comparison with trading activity in moments of a pullback.
At longer time frame price approached the resistance line near the price level 3500. It will move further if it breaks this level.
Recommendations for entry:
1) The common trend is bearish, so buy only if you break the level 3500.
2) Choose small positions for entry: low daily volume is typical for this asset.
3) Set stop-loss in channel 3400-3200 according to an acceptable level of risk.
I offer you to monitor future movements on the market together.
Give your own ideas, put likes and subscribe!
I decided to prepare EBST market analysis for you today.
On the price chart, we can see the formation of the good short-term trend. It's important to note that in moments of price rise, trading activity increases in comparison with trading activity in moments of a pullback.
At longer time frame price approached the resistance line near the price level 3500. It will move further if it breaks this level.
Recommendations for entry:
1) The common trend is bearish, so buy only if you break the level 3500.
2) Choose small positions for entry: low daily volume is typical for this asset.
3) Set stop-loss in channel 3400-3200 according to an acceptable level of risk.
I offer you to monitor future movements on the market together.
Give your own ideas, put likes and subscribe!