CORRECT CONTRACT quarterly 0328 :
1-Possible SHORT operation, According to correlations :
BOLLINGER BANDS WHEN WE INCREASED THE PREVIOUS ANALYSIS .
UPPER BAND: 695.2
PRICE REJECTION IN ABSORPTION CANDLE:
Rejection : 695.32
UPPER BOLLINGER BAND , NOW :
Price : BB Upper : 702.7
NEXT POSSIBLE SHORT BOUNCE .
CORRELATION: ORDER BOOK .
STRONG SELL ORDER BLOCKS AT PRICES :
703 : 97.8 BNB
705 : 218.3 BNB
706 : 174.2
POSSIBLE TRADING SIMULATION.
Risk, Approximate Profit :
SHORT . X20
Entry :( 703 - 705 )
Take profit : ( 642 ) Approximate profit.
(189% profit ).
Stop loss : ( 710 ) Approximate loss :
( 20% loss ) .
Remember that for such a scenario to occur, the exact correlations must be met and it is possible that the operation may also result in a loss. As I always say, this is not financial advice, do your own research and do not trust anyone!
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