📊 $CYS Market Technical Outlook | Professional Trading Plan
Looking at the chart, the price is once again following the Half Side Channel Trend Line, forming Higher Highs & Higher Lows, indicating a strong bullish structure.
🔹 Trade Opportunities:
1️⃣ Channel Bottom → Buy Zone
When the price gives a bullish confirmation near the channel bottom, a long entry can be considered.
2️⃣ Channel Top → Sell Zone
When the price shows strong rejection or bearish confirmation near the channel top, a short entry can be taken.
3️⃣ Confirmed Breakout Move
If a 1-hour candle closes strongly outside the channel trend line (not a fake breakout),
the breakout direction can lead to a strong momentum move in the same direction.
Entering after a retest and confirmation is safer.
⚠️ Risk Management:
Always use a stop loss
Market may show high volatility, so manage your risk properly
Take entries only on confirmation, avoid rushing
📌 This is a technical market outlook. I am not responsible for any profit or loss. Trade with your own research and risk management.