What we have on the chart is a bearish structure.
We have had a descending CH and then descending BOS. Price is resting to make more and deeper drops.
It has the potential to create lower Ls. The targets are clear. Closing 1 daily candle above the red 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
We have had a descending CH and then descending BOS. Price is resting to make more and deeper drops.
It has the potential to create lower Ls. The targets are clear. Closing 1 daily candle above the red 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 attivo:
By hitting the supply range, it dropped about 15%
Trade chiuso: obiettivo raggiunto:
By hitting the supply, it dropped about 40%
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