The price reached the support zone formed by SMA200 and 3230.00$ support level. The market gives us a bullish divergence which is a solid bullish signal. If the price bounces from the zone, the 1H, 15m, and 5m timeframes will be able to provide interesting trade opportunities. If the price breaks 3300.00$ resistance, it will confirm the strength of the buyers.
The breakout below the support zone will allow to short. The price will have enough space for the downward movement. We will use pullbacks and reversal signals from MAs in the minute timeframes for getting exact trade opportunities.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
The breakout below the support zone will allow to short. The price will have enough space for the downward movement. We will use pullbacks and reversal signals from MAs in the minute timeframes for getting exact trade opportunities.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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💎 Share My BEST Trades here 👉 bit.ly/wubits