A trigger line has been broken on the chart. We have a bullish CH, and a Three Drive pattern is also visible at the bottom. These patterns usually push price upward toward the nearest supply zone. Price has been fueled from a strong origin, suggesting sufficient buy-side orders.
We currently have two re-buy entry points. If price pulls back to the downside, we can enter the position using a DCA approach.
The targets are marked on the chart.
Please note: if price reaches our entry zones before touching the red supply zone, we will enter the position. However, if price first reaches the supply zone and then returns to our entry area, we will not enter.
A daily candle close below 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
Comment if you have any questions
Thank You
We currently have two re-buy entry points. If price pulls back to the downside, we can enter the position using a DCA approach.
The targets are marked on the chart.
Please note: if price reaches our entry zones before touching the red supply zone, we will enter the position. However, if price first reaches the supply zone and then returns to our entry area, we will not enter.
A daily candle close below 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
Comment if you have any questions
Thank You
Trade attivo
After hitting the entry zone, price pumped 9% from our average entry, and the first target was hit
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✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.