CAKE UPDATE (6H)
This is an update to the analysis you see in the "Related Ideas" section
The diametric that we considered for CAKE in the previous analysis is running.
We are looking for buy/long positions on the green range.
The targets are clear on the chart
Closing a daily candle below the invalidation level will violate the 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
The diametric that we considered for CAKE in the previous analysis is running.
We are looking for buy/long positions on the green range.
The targets are clear on the chart
Closing a daily candle below the invalidation level will violate the 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
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