Has NMR gone down? Short

NMR / TetherUSBinance

Description

⋅ Sep 3, 2023 6:14 AM

After the strong climbs and the BOS that he had, now there was a decline and we saw a descending CH.

Above the order block we have the QM Level which adds to the strength of this supply range.

We are looking for Sell/Short trades in the red area

If the price is rejected from the red box, the green area of FVG can be a good place for the target.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

Trade closed: target reached

⋅ Sep 5, 2023 5:50 AM

This analysis completely hit the targets

Comments

SpartaBTC

⋅ Sep 5, 2023 11:03 AM

Logical another momentum up in the distribution zone and price down to $14 for starters.

Investing_Trading

⋅ Sep 5, 2023 8:48 AM

Excellent Analysis.

HesamUNT

⋅ Sep 4, 2023 10:53 PM

what a nice call
tnx 4 sharing

SwallowPremium

⋅ Sep 3, 2023 2:34 PM

Great overview, we are agree with your think of outcome!!

Solldy

⋅ Sep 3, 2023 8:13 AM

It's amazing! I spent a lot of time today weighing the arguments for and against, but you were able to describe it much better. Thanks for the work, mate! I just hope you focus more on the volume of asset trades in your next posts.