Hi everyone, Yurii Domaranskyi here. Let's take a look at the chart:
1. Price levels are working good here
2. Globally uptrend locally range
3. The level confirmed by touch and false breakout
4. It was near the test and there is no move up the level
5. approached with regular bars
6. Huge accumulation in the range
7. Yesterday's close lover than from the previous day
8. All-time high
9. Enough room for a move 1 to 5.1
10. Broken model ascending lows
11. No news for the last 10 days
12. The price came from below and can't go higher
13. Report on May 10
Potential risk/reward ratio = 1 to 5.1 meaning that potential risk 100$ with the possibility to make 510$
If it does make sense to you, press a thumb up! 👍
1. Price levels are working good here
2. Globally uptrend locally range
3. The level confirmed by touch and false breakout
4. It was near the test and there is no move up the level
5. approached with regular bars
6. Huge accumulation in the range
7. Yesterday's close lover than from the previous day
8. All-time high
9. Enough room for a move 1 to 5.1
10. Broken model ascending lows
11. No news for the last 10 days
12. The price came from below and can't go higher
13. Report on May 10
Potential risk/reward ratio = 1 to 5.1 meaning that potential risk 100$ with the possibility to make 510$
If it does make sense to you, press a thumb up! 👍
