Traders and investors, welcome !
*small talk, smart talk*
- Screen 1, where I will open and close position (short) TP 1 at 320 and TP 2 at 314
- Screen 2, prices get rejected by strong resistance, a false break-out or direct fall will directly drive prices to the grey zone (where prices can either reject support or continue to fall to the next stage, where bullish momentum can be strongly expected.
In general prices have been in a bullish flag continuation until the start of 2021, where prices became strongly overbought on a higher timeframe + sideway perhaps consolidation momentum broke this bull trend (strong bull trend)
As Always, thank you for watching, take care, and feel free to comment, like and follow !
Kevin C. Best
*small talk, smart talk*
- Screen 1, where I will open and close position (short) TP 1 at 320 and TP 2 at 314
- Screen 2, prices get rejected by strong resistance, a false break-out or direct fall will directly drive prices to the grey zone (where prices can either reject support or continue to fall to the next stage, where bullish momentum can be strongly expected.
In general prices have been in a bullish flag continuation until the start of 2021, where prices became strongly overbought on a higher timeframe + sideway perhaps consolidation momentum broke this bull trend (strong bull trend)
As Always, thank you for watching, take care, and feel free to comment, like and follow !
Kevin C. Best