Y Wave with target (E) within stipulated time.
Price breakout above the downtrend line – this suggests a potential bullish reversal.
Price is approaching the Kumo – breaking into or above the Kumo will strengthen the bullish signal.
Chikou Span is still below candles but starting to rise – watch for a cross above the price line as confirmation.
1.63 is marked as the 52-week low, a strong psychological and technical support level.
Price to maintain above Kijun-Sen and close inside Kumo with golden cross, that would further confirm trend reversal.
Support at 1.76 and 1.73. Set a stop loss when close below this level.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
Price breakout above the downtrend line – this suggests a potential bullish reversal.
Price is approaching the Kumo – breaking into or above the Kumo will strengthen the bullish signal.
Chikou Span is still below candles but starting to rise – watch for a cross above the price line as confirmation.
1.63 is marked as the 52-week low, a strong psychological and technical support level.
Price to maintain above Kijun-Sen and close inside Kumo with golden cross, that would further confirm trend reversal.
Support at 1.76 and 1.73. Set a stop loss when close below this level.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
Trade chiuso: obiettivo raggiunto
Reached target
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.