AKROUSDT Range| Internal S/R| Deviation| Price Action
Evening Traders,
Today’s analysis – AKROUSDT – trading within its apex where a breakout will be imminent,
Points to consider,
- Price Action Impulsive
- Internal S/R Support
- Range High Resistance
- Deviation Objective
- Oscillators Neutral
AKROUSDT’s immediate price action is impulsive, trading at a key location that has technical confluence with the Internal S/R and the Range High, this allows for a bullish bias.
The immediate objective is the Deviation high, exceeding this level will increase the probability of a trend continuation.
Both oscillators are currently trading neutral, maintaining their bullish control zones is indicative of strength.
Overall, in my opinion, AKROUSDT 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,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
Today’s analysis – AKROUSDT – trading within its apex where a breakout will be imminent,
Points to consider,
- Price Action Impulsive
- Internal S/R Support
- Range High Resistance
- Deviation Objective
- Oscillators Neutral
AKROUSDT’s immediate price action is impulsive, trading at a key location that has technical confluence with the Internal S/R and the Range High, this allows for a bullish bias.
The immediate objective is the Deviation high, exceeding this level will increase the probability of a trend continuation.
Both oscillators are currently trading neutral, maintaining their bullish control zones is indicative of strength.
Overall, in my opinion, AKROUSDT 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,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt