AKEDO / USDT
Aktualisiert

AKE Analysis (4H)

508
It seems that AKE is oscillating within a large range to absorb liquidity. It keeps forming lower highs while clinging to a weak trendline. It’s expected that this trendline will soon break, or at least the candles will retest it once more.

The best area for a price rejection—at least down to the weak trendline (which is also our liquidity pool)| is the red-marked zone.

A daily candle closing above the invalidation level will invalidate this 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
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Trade ist aktiv
Despite the continuous bearish pressure, the structure failed to hit our invalidation level and has dropped 25% so far from the marked zone

The outlined path for AKE was correct.
Snapshot

Haftungsausschluss

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