Price action is predominantly range-bound.
Throughout the chart, price forms clear consolidation ranges, followed by directional moves after range breakouts.
Currently, the latest range has been broken to the downside, confirming bearish continuation. Structure remains weak below former range support, which is now acting as resistance.
Expectation: continuation of the downside move toward the following levels:
$1.25
$1.00
$0.90
As long as price stays below the broken range, bearish bias remains valid.
Throughout the chart, price forms clear consolidation ranges, followed by directional moves after range breakouts.
Currently, the latest range has been broken to the downside, confirming bearish continuation. Structure remains weak below former range support, which is now acting as resistance.
Expectation: continuation of the downside move toward the following levels:
$1.25
$1.00
$0.90
As long as price stays below the broken range, bearish bias remains valid.
Trade active
beaarrr run!!! DOWN!!!!Trade closed: target reached
ez
Мой телеграм канал: - t.me/odyssey_21
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Мой телеграм канал: - t.me/odyssey_21
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.