BARDUSDT.P short setup from daily support at 0.8293

3 hari yang lalu

BARDUSDT.P has cleanly tested the 0.8293 level.
This level is the All-Time Low, which was the stopping point of the drop from the All-Time High.
There is a high probability that we will next see a consolidation followed by a breakdown of this level.
I really like these kinds of setups.

Key factors for this scenario:

• Global & local trend alignment
  
• Price void / low liquidity zone beyond level
  
• Volatility contraction on approach
  
• Momentum stall at the level
  
• Immediate retest
  
• No reaction after a false break
  

Was this analysis helpful? Leave your thoughts in the comments and follow to see more.

kemarin dulu

Catatan

I've adjusted the level to the 0.8220 mark.
The asset remains in consolidation and isn't showing anything that would warrant removing it from the watchlist.
Therefore, I continue to monitor.

kemarin

Trade aktif

There was a good entry point.
Currently, the risk/reward ratio is at 2.74-to-1.
The target remains 5-to-1.

9 jam yang lalu

Trading ditutup: target tercapai

5-to-1.