Hello my dear friends
In the time frame of 30 minutes, a compact movement has been formed. The Ichi Moko indicator has a negative lag! The price trend has reached an important range and it seems that with this momentum, breaking the downward channel from here is not very possible.
If the price moves below the $1.65 range, it is likely to react by reaching the blue range.
But the yellow range ($1,464) is more important in my opinion! Of course, part of the range's validity depends on the momentum of the corrective movement.
It should be seen that the price will come out of compression from the bottom side or the long-term downward channel will break upwards!!!
In the time frame of 30 minutes, a compact movement has been formed. The Ichi Moko indicator has a negative lag! The price trend has reached an important range and it seems that with this momentum, breaking the downward channel from here is not very possible.
If the price moves below the $1.65 range, it is likely to react by reaching the blue range.
But the yellow range ($1,464) is more important in my opinion! Of course, part of the range's validity depends on the momentum of the corrective movement.
It should be seen that the price will come out of compression from the bottom side or the long-term downward channel will break upwards!!!
Trade active:
The first target was touched
Trade closed: target reached:
easily (: