Time Frame: 4H
Sentiment: Bullish
Risk reward 1:3
Entry 0.925
Last close at resistant level,
Bar price action and the volume, showing buyers' power increase.
if it can break the resistant level 0.97, expecting the next level reaching 1.3
I'm expecting this time will be a real breakout, cup and handle pattern.
Write your thought in the comment session :)
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like my works? Please hit the Like, Follow and Share or tip me a coin :)
Thanks!
Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
Sentiment: Bullish
Risk reward 1:3
Entry 0.925
Last close at resistant level,
Bar price action and the volume, showing buyers' power increase.
if it can break the resistant level 0.97, expecting the next level reaching 1.3
I'm expecting this time will be a real breakout, cup and handle pattern.
Write your thought in the comment session :)
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like my works? Please hit the Like, Follow and Share or tip me a coin :)
Thanks!
Disclaimer
This information only serves as study references, does not constitute a buy or sell call.