As we can see price had successful breakout to downside and broke strong support of trendline and more fall is expected after retest this Breakout .
Two charts shared and the that is the reason of our Title too
1.first chart: we can see major double top that is forming and we may have huge correction after breaking neckline support that is around price 52700$ and targets that we are looking for mentioned on chart with green lines and red path.
2.Second chart : we have two double top that formed and price had successful breakout of neckline and results are obvious on chart and we shared short analysis around both of them .
Notice :what about Bullish market and what are some conformation for that ? 2 major reasons can pump price and they are: A. we are waiting for retest of this green trendline that broke if that not happen and price go above green trendline that increase potential of rise : what is expected now:
B. if strong resistance of 60K broke then again that increase potential of rise .
DISCLAIMER:. 1.trade carefully and have stop loss for sure 2.Past performance is not indicative of future results.
<<press like👍 if you enjoy💚>>
ملاحظة
✔feel free to share your ideas or opinion below and lets discus ✔
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned message in telegram for more information.
يعمل أيضًا:
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.