Before anything, pay attention to the time frame, the time frame is big and time consuming.
A double correction seems to have been completed where the second part of the correction was a diamond diametric.
We have a demand area and a flip line on the chart, which form a strong support area.
The targets are marked on the picture.
There is a supply in front of the price, but by eliminating sell orders in this area, the price can move towards the targets.
We have also specified the invalidation level on the chart. Closing 1 daily candle below this level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
A double correction seems to have been completed where the second part of the correction was a diamond diametric.
We have a demand area and a flip line on the chart, which form a strong support area.
The targets are marked on the picture.
There is a supply in front of the price, but by eliminating sell orders in this area, the price can move towards the targets.
We have also specified the invalidation level on the chart. Closing 1 daily candle below this level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active:
The first target was hit
Trade closed: target reached:
126% was pumped and tp 2 was stirred
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