Probability of trend reversal for ASTR
Atualizado
The price has reached the weekly supply with a L SH (Long Shadow).
Then it was rejected and the candles tried to fill 70-100% of this LSH, which they succeeded.
We now have a bearish mCH on the chart, which is the first bold sign of a trend reversal.
I specified the invalidation level. Closing a 4-hour candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Then it was rejected and the candles tried to fill 70-100% of this LSH, which they succeeded.
We now have a bearish mCH on the chart, which is the first bold sign of a trend reversal.
I specified the invalidation level. Closing a 4-hour candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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