Quick Profit Trade Setup for $AVA

Entry Range: 0.6850 - 0.6880
Action: Short
SL: 0.6920
TP 1: 0.6800
TP2: 0.6750
TP3: 0.6700

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🚨Note: Trade at your own risk. DYOR.

Analysis:

The price is currently trading below the 20-period moving average, indicating a bearish trend. The RSI is also oversold, suggesting that the price may be due for a correction. The MACD is also starting to turn bearish, further supporting the short trade setup.

Reversal Possibility Trade Setup:

A potential reversal signal could be observed if the price breaks above the 20-period moving average. This would suggest that the bearish trend may be reversing, and a bullish move could be underway.

Reasons for Reversal Possibility:

Break above 20-period moving average: This would indicate a shift in momentum from bearish to bullish.
RSI moving above 50: This would suggest that the price is gaining bullish momentum.
MACD crossing above signal line: This would confirm a bullish crossover and further support a bullish move.

Remember:
Trading involves risk: Always use proper risk management techniques, such as setting stop-loss orders, to limit your potential losses.
DYOR: Do your own research and make informed decisions.

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