LA🔥🔥🔥
1,114 views
2 Discussing
Hot
Latest
See original
#LA🔥🔥🔥
The short-term bottom in LA has formed, and it is highly likely to follow the W pattern that everyone often mentions. However, the chance of surpassing the previous high or getting close to it in one step is very low; after the rise, further consolidation is needed.
Therefore, entering short positions in the range of 1.35-1.4 is recommended, leaving some room for additional positions.
For aggressive traders, considering taking some short positions around 1.3 is an option, but you must understand that the lower the price goes, the higher the risk for short positions.
The short-term bottom in LA has formed, and it is highly likely to follow the W pattern that everyone often mentions. However, the chance of surpassing the previous high or getting close to it in one step is very low; after the rise, further consolidation is needed.
Therefore, entering short positions in the range of 1.35-1.4 is recommended, leaving some room for additional positions.
For aggressive traders, considering taking some short positions around 1.3 is an option, but you must understand that the lower the price goes, the higher the risk for short positions.
Login to explore more contents