TRU: Stay Alert for Confirmations Before Taking Action! đ
đParadisers, #TRUUSDT is currently demonstrating a bullish market structure, characterized by two significant bullish FVG (Fair Value Gap) patterns. Presently, the price trajectory is sharply upward, prompting anticipation of an impending retracement.
đ As #TRU approaches a minor support level, traders should exercise caution, as this level may serve as a launchpad for further bullish continuation.
đ Should the price retreat and approach the bullish Order Block (OB) level, marked by the presence of FVG and BB (Breaker Block), traders can anticipate a potential bounce. Confirmation of this bounce would ideally come in the form of ChoCH (Change of Character) near the 50% retracement level of the Fibonacci sequence.
đ However, in the event of a breakdown below both identified levels, it is advisable to adopt a cautious approach and refrain from immediate action. Waiting for clearer price action to materialize would offer better insights for making informed decisions.
đ As #TRU approaches a minor support level, traders should exercise caution, as this level may serve as a launchpad for further bullish continuation.
đ Should the price retreat and approach the bullish Order Block (OB) level, marked by the presence of FVG and BB (Breaker Block), traders can anticipate a potential bounce. Confirmation of this bounce would ideally come in the form of ChoCH (Change of Character) near the 50% retracement level of the Fibonacci sequence.
đ However, in the event of a breakdown below both identified levels, it is advisable to adopt a cautious approach and refrain from immediate action. Waiting for clearer price action to materialize would offer better insights for making informed decisions.
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