MKR – Top-Down Analysis!MKR is overall bearish trading inside our red channel

MKR – Top-Down Analysis!MKR is overall bearish trading inside our red channel

on Daily: For the bulls to take over, we need a break above the upper red trendline AND the 2000 blue resistance zone.


MKR – Top-Down Analysis!MKR is overall bearish trading inside our red channel - 1

Meanwhile, until the buy is activated, MKR would be overall bearish can still trade lower inside the green demand zone.

In this case, we will be looking for buy setups on lower timeframes as price approaches the green zone.



Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!

~Rich

Richard Nasr

Richard Nasr

- Full-time Trader, Coach, and Founder of theSignalyst with 400+ Students Worldwide.
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