The price was expected to drop after breaching sideways channels, after it was in previous days in a strong upward movement, and whoever moved in sideways channels indicates the stopping of the buying force and the beginning of the exchange of roles between buyers and sellers.
Three entry points were placed with a fixed stop loss and a variable profit level.
The first is the width of the channels as shown on the chart.
If you have any questions, I will answer them in the comment below.
Manage your risk and don't forget to :
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Three entry points were placed with a fixed stop loss and a variable profit level.
The first is the width of the channels as shown on the chart.
If you have any questions, I will answer them in the comment below.
Manage your risk and don't forget to :
--> FOLLOW ME FOR MORE ANALYSIS <--