I placed a purchase order at 0.90, another 50% at 0.85 and another 100% at 0.80. And I hope to get just the first one. Then at 1.10 it's already a good sale with 22% profit.

$USUAL What is the chart projecting? Follow the analysis!
After exiting an ascending wedge, Usual entered a descending wedge. In the next few hours, there will be a definition about a reversal or an even greater fall.

Points to observe:

1 - To reverse the situation and go back up, it will need to break a resistance above 1.28 and remain above that value.

2 - The value may oscillate within the wedge between 1.14-1.27.

3 - Falling below 1.14, it will find a resistance at 1.10. If it falls below 1.10, it may cause a new downward wave.

What is common? Whenever a descending wedge forms, it is normal to go to an ascending wedge or to move sideways. However, there is news in the market that can change all types of patterns, so you always need to be cautious.


Stay alert and do your own research!