SUSHI.UST (Y21.P2.E1).Showing strength.
Hi Traders,
Sushi is currently in a formation that is likely to break to the upside.
There is no business case on such a formation without a bullish div. and we have one on the 12 hrly.
So, finding your entry can be 2 fold.
a) trade the breakout which has its own risks (false breakout)
b) buy in the lower time frames where it makes sense on what you observe.
As for macro targets, I'll update this post when it breaks to the upside.
All the best
S.SAri
Sushi is currently in a formation that is likely to break to the upside.
There is no business case on such a formation without a bullish div. and we have one on the 12 hrly.
So, finding your entry can be 2 fold.
a) trade the breakout which has its own risks (false breakout)
b) buy in the lower time frames where it makes sense on what you observe.
As for macro targets, I'll update this post when it breaks to the upside.
All the best
S.SAri
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
