IMX Sweeps the Lows Bearish Move Incoming?

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One of our setups has formed on IMX. The previous swing low was hunted, followed by a reversal and the formation of a bearish CH.

Price has lost its bullish momentum. A large amount of stops and liquidity has been collected, and the price is expected to drop toward the marked targets.

We have two entry points, and the position should be entered using DCA.

Take partial profits at the first target, then move your stop to breakeven.

A daily candle close above the invalidation level will invalidate this analysis.

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What is your opinion about IMX?
トレード稼働中
After hitting the entry zone, it dropped more than 16%, and both the first and second targets were reached.

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