Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
๐ฆ MPC has been overall bearish trading within the falling channel in red.
๐ However, it is currently approaching a strong round number $0.3.
๐นFor the bulls to take over and shift the momentum from bearish to bullish, a break above the last major high in red at $0.45 is needed.
In such a scenario, a movement towards the $0.65 resistance would be expected.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
๐ฆ MPC has been overall bearish trading within the falling channel in red.
๐ However, it is currently approaching a strong round number $0.3.
๐นFor the bulls to take over and shift the momentum from bearish to bullish, a break above the last major high in red at $0.45 is needed.
In such a scenario, a movement towards the $0.65 resistance would be expected.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
www.RichTL.com
Instagram:
www.instagram.com/richthesignalyst
Telegram:
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
www.RichTL.com
Instagram:
www.instagram.com/richthesignalyst
Telegram:
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal