Price could not managed to stay between the down trend line (gray) and blue dotted line
Today if price can manage to stay above the two blue dotted line and ascending orange trend line
will give a better risk/Reward Ratio of 6.14
Price could follow the ascending channel if continue finding support
(bottom ascending channel line orange) and reach yellow box retesting resistance levels and continue the uptrend
price is moving in ascending channel since August 16th
NFA (is only a personal observation)
NOTE: Price Line Extension (White) is Only a Visual Representation how Price May Move in the Near Future
with Unknown Specific Time Frame Depending on the Velocity of the Price and Variables of the market
NFA
Hope to See your Likes 👍 to Support My Work
To Follow All My Ideas Go to My Profile and Select the Follow Green button 😁
See You In the Next one!
Today if price can manage to stay above the two blue dotted line and ascending orange trend line
will give a better risk/Reward Ratio of 6.14
Price could follow the ascending channel if continue finding support
(bottom ascending channel line orange) and reach yellow box retesting resistance levels and continue the uptrend
price is moving in ascending channel since August 16th
NFA (is only a personal observation)
NOTE: Price Line Extension (White) is Only a Visual Representation how Price May Move in the Near Future
with Unknown Specific Time Frame Depending on the Velocity of the Price and Variables of the market
NFA
Hope to See your Likes 👍 to Support My Work
To Follow All My Ideas Go to My Profile and Select the Follow Green button 😁
See You In the Next one!