$1000CAT 🌌 Finora AI Expectation
- Looking at the price action here, I expect a downward movement in the short term first. In other words, there is a high probability of a test in the 0.00714 - 0.00710 range. When this area is reached, especially a liquidity sweep here is observed, followed by a clear buyer entry, and if, for example, a pin bar or engulfing pattern appears in the lower time frame, I will go long.
- Long setup: Bullish reversal from the 0.00714 - 0.00710 area, entry in this range, first TP 0.00731, second TP 0.00739. I will place the stop-loss at the last swing low level below 0.00710.
- Short setup: If a strong rejection occurs between 0.00731 - 0.00739, entry in this area, TP 0.00714 and 0.00699. I will place the stop-loss at the swing high level above 0.00739.
- If the price breaks above 0.00739 with strong volume and remains there, my bearish bias will be invalidated, and I will switch to bullish. If the price goes below 0.00699 and makes a permanent break, the short bias wi...
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