In the daily time, a flag can be seen in the medium-term ascending channel. Meanwhile, the current bullish log has also formed a flag that should probably break this resistance range. The corrective structure is a three-wave that has returned 1.272 waves and now it is highly likely that a new floor should not be built. Therefore, the created floor is valid for the specified targets.
🟩Sup: 0.19 ~ 0.1963
⛳️Tp 1:0.293
⛳️ Tp2 : 0.39
⛳️ Tp2 : 0.44
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🟩Sup: 0.19 ~ 0.1963
⛳️Tp 1:0.293
⛳️ Tp2 : 0.39
⛳️ Tp2 : 0.44
-----------------
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
Nota
Now, according to the structure and the failure of the first flag and internal pullback, you can enter the buying position at the support range of 0.2440. It now has the ability to break the supply chain according to its behavior.The stop range is a bit big because of the higher risk compared to where it is placed. If you have the ability to take less risk, you can enter the purchase transaction after the supply failure.
Nota
After touching the target range, a modification has been encountered, which will have the ability to retest the supply range with the support of the 0.29 range. Next, we should see the continuation of the trend if the supply range is broken for the next targets of 100 Fibo and after that 1.272. If the behavior and structure of the post changes, it will be updated.Pubblicazioni correlate
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Pubblicazioni correlate
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.