BEPROUSDT Daily S/R| Swing High| Volume Climax| Trend Evening Trader’s,
Today’s analysis – BEPROUSDT- above a key high timeframe support level where a reversal is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Swing High Objective
- Volume Climax
BEPROUSDT’s current price action is corrective, trading above a Daily S/R level , allowing for a bullish bias.
The immediate objective is the swing high, exceeding this level will lead to price discover.
The current volume profile has a climax, an influx in volume is needed for a trend continuation.
Overall, in my opinion, BEPROUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember!,
“Do not anticipate and move without market confirmation—being a little late in your trade is your insurance that you are right or wrong.” -Jesse Livermore
