I open Long Position 23550 Last Short (+640pips)
Hello dear friends.
Now I am opening a Long position to update our top.
I understand that it has already been done several times, and the price did not manage to gain a foothold behind the level of 24,000, but it seems to me that this sharp return in price, this impulse for 1 hour TF indicates that someone is selling strongly, but an equally strong buyer who is now holding the price above the strong support level 23300
Plus, I assess the situation long because:
We are above a strong market maker level, (23300-23000)
RSI 4h TF
tells me to return the price up to 24000
a plus,
my previous idea to short, although it worked, we earned 640 points), but it was very close to failure.
Buy: 23550
Targets 23950 - 24250 - 24800 -25500
Stop loss 22350
Now I am opening a Long position to update our top.
I understand that it has already been done several times, and the price did not manage to gain a foothold behind the level of 24,000, but it seems to me that this sharp return in price, this impulse for 1 hour TF indicates that someone is selling strongly, but an equally strong buyer who is now holding the price above the strong support level 23300
Plus, I assess the situation long because:
We are above a strong market maker level, (23300-23000)
RSI 4h TF
tells me to return the price up to 24000
a plus,
my previous idea to short, although it worked, we earned 640 points), but it was very close to failure.
Buy: 23550
Targets 23950 - 24250 - 24800 -25500
Stop loss 22350
