In the chart $ANY probably is heading to test the demand zone @ $5.50 area.
This is confirmed if price broke the rising channel downside.
It needs big catalysts RIGHT NOW.
This is confirmed if price broke the rising channel downside.
It needs big catalysts RIGHT NOW.
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First target reached. We are still on the trend.
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It’s now in a re-accumulation zone even if the trend is broken.
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Trend is broken and price reached an interesting accumulation zone (green box).
Hopefully it shows reversal signs and go up again.
Stop loss should be active in this region and depends on the level of risk you are taking.
Hopefully it shows reversal signs and go up again.
Stop loss should be active in this region and depends on the level of risk you are taking.