Currently, there is R1 as a resistance area in which the price was not able to rise at different points. Also S1 is a long-term support line that contains the support of price since the past. At the moment, we have price fluctuating in R1 area we expect the price to have some falling sings for us and then by activation of our short position in the chart, the price would face a decline down to S1 or lower. In case the price moves above R1 and fixes there, more rise is waiting for it. The point is to activate your stop-loss points due to the unstable situation of market.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Very interesting publication, bro! I wonder what assets you trade most often?
MarsSignals
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@TradingStat, thanks for your attention
Solldy
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I agree with you in the general sense of the idea, but I think you still need to read the news on the asset. By the way, do you somehow take the news into consideration when writing an idea?
MarsSignals
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@Solldy, thanks. surely we consider everything in advance