AUDIO has been following this channel for almost two months now. In my previous AUDIO analysis I made a similar prediction, but we got a fake break-out instead. The current market conditions have changed for the better, which makes me believe that AUDIO will adhere to this channel.
Since AUDIO has been seeing almost non-stop growth since the Feb'28th low, I'm placing the entry at 0.42. I'm expecting a pull-back to happen around the 0.448 mark. Wait for this pull-back.
Before entering this trade wait for the price to touch the Entry line. Higher time frames yield a higher predictive power.
On the chart Iโve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence.
Happy trading!
Since AUDIO has been seeing almost non-stop growth since the Feb'28th low, I'm placing the entry at 0.42. I'm expecting a pull-back to happen around the 0.448 mark. Wait for this pull-back.
Before entering this trade wait for the price to touch the Entry line. Higher time frames yield a higher predictive power.
On the chart Iโve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence.
Happy trading!
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๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
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๐ฅPremium Signals: www.fierytrading.com
