⚡ Price Analysis:
1️⃣ Price bouncing from the demand zone
2️⃣ Strong candle formation near the demand zone.
3️⃣ Breakout above the marked golden zone will trigger the confirmation for the new ATH
⭐ Key Observations:
➡️ Strong bounce back from the demand zone.
➡️ EMA is also acting as a dynamic support.
➡️ RRR is not favourable since the SL is big, so I'll not plan a trade here. Just watching it.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. For learning ONLY. Views are personal. Please, do your due diligence before investing.⚠️
🍀Cheers! 🔥
1️⃣ Price bouncing from the demand zone
2️⃣ Strong candle formation near the demand zone.
3️⃣ Breakout above the marked golden zone will trigger the confirmation for the new ATH
⭐ Key Observations:
➡️ Strong bounce back from the demand zone.
➡️ EMA is also acting as a dynamic support.
➡️ RRR is not favourable since the SL is big, so I'll not plan a trade here. Just watching it.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. For learning ONLY. Views are personal. Please, do your due diligence before investing.⚠️
🍀Cheers! 🔥
Anubrata Ray ⚡
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