🔍 Overview:
Spotted a bearish Cypher pattern on ROKU's 3-hour chart. This setup looks promising for a short trade! 📉 The RVOL average is increasing, which gives us a bearish confirmation. However, be cautious as the "High Volatility" dots indicate potential for drastic and unpredictable moves. 📊
📉 Chart Analysis:
1️⃣ The Cypher pattern indicates a potential reversal from the recent uptrend, with resistance around the $64.28 level.
2️⃣ The increasing RVOL average supports the bearish sentiment, suggesting more sellers are entering the market. 📈
🎯 Trade Setup:
Entry Point: Look for confirmations as the price approaches the resistance level.
Target 1: $58.86 💰
Stop Loss: $64.28 🚨
📝 Why I'm Interested:
The combination of the Cypher pattern and increasing RVOL provides a strong bearish signal. The "High Volatility" dots highlight the need for caution but also present an opportunity for quick profits if managed carefully. 📊📉
📅 Timeframe: Monitoring this setup on a 3-hour chart, so keep an eye on shorter-term price movements. ⏳
🔔 Stay Updated: Be ready to adapt your strategy as the price action unfolds. Let's get it! 🤑✌️
#ROKU #CypherPattern #RVOL #HighVolatility #Trading #StockMarket #TechnicalAnalysis #TradeTalkFarsi 📉🐻
Spotted a bearish Cypher pattern on ROKU's 3-hour chart. This setup looks promising for a short trade! 📉 The RVOL average is increasing, which gives us a bearish confirmation. However, be cautious as the "High Volatility" dots indicate potential for drastic and unpredictable moves. 📊
📉 Chart Analysis:
1️⃣ The Cypher pattern indicates a potential reversal from the recent uptrend, with resistance around the $64.28 level.
2️⃣ The increasing RVOL average supports the bearish sentiment, suggesting more sellers are entering the market. 📈
🎯 Trade Setup:
Entry Point: Look for confirmations as the price approaches the resistance level.
Target 1: $58.86 💰
Stop Loss: $64.28 🚨
📝 Why I'm Interested:
The combination of the Cypher pattern and increasing RVOL provides a strong bearish signal. The "High Volatility" dots highlight the need for caution but also present an opportunity for quick profits if managed carefully. 📊📉
📅 Timeframe: Monitoring this setup on a 3-hour chart, so keep an eye on shorter-term price movements. ⏳
🔔 Stay Updated: Be ready to adapt your strategy as the price action unfolds. Let's get it! 🤑✌️
#ROKU #CypherPattern #RVOL #HighVolatility #Trading #StockMarket #TechnicalAnalysis #TradeTalkFarsi 📉🐻
Ghi chú
That's the way! Let's go baby!
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Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.