🔥 Market Overview: Trend: TRUMP/USD is in a downtrend, consolidating below the 200 EMA, with limited bullish momentum. Key Levels: Resistance: $17.05 – The 200 EMA acting as a strong resistance. Support: $16.60 – Holding price from further decline. Indicators: EMA 200: Price remains below, confirming bearish dominance. MACD: Bearish, with slight divergence indicating possible consolidation. RSI: 46.70 – Neutral, but leaning toward oversold territory. 🔥 Scalping Strategy (Expanded Targets) 🩸 1. Range Scalping
Long entries near: $16.60 with stop-loss at $16.50. Exit at: $17.05 resistance. 🩸 3. Breakout Scalping
If TRUMP/USD breaks above $17.05, go long toward $17.50 – $18.00. If TRUMP/USD drops below $16.50, short toward $16.00. 🔥 Mid-Term Trend Forecast (1-3 Weeks): If TRUMP/USD holds above $16.60, expect a retest of $17.05+. A break below $16.50 opens the door for further decline to $16.00 or lower. 🔥 News & Market Context: TRUMP/USD is down -61.86% in the last month, indicating a lack of sustained demand. No strong bullish catalysts present at the moment. Low trading volume suggests whales are not accumulating aggressively. 🔥 Decision: 🩸 Short-term: Favor range scalping between $16.60 – $17.05. 🩸 Mid-term: A breakout above $17.05 would signal a potential reversal. 🩸 Ideal Play: Buy near $16.60, sell near $17.05, or short below $16.50.
👑 Final Verdict: TRUMP/USD remains weak below $17.05. Until bulls reclaim this level, range scalping is the best strategy. If it breaks below $16.50, further downside is likely.
🔥 "In the battlefield of trading, hesitation is a weakness. Move with precision, or be swept away." 👑
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.
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.