In time h2, a medium-term ascending channel is moving, which can continue its growth up to the ceiling of the channel with the failure of the swing, which is also the midline of the channel. Therefore, with the support of the green box to continue the upward trend, it can rise to the red box area.
Note
Trade closed: target reached
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After touching the target, if the red box does not break upwards, it can have a corrective path according to the image... Note
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Note
Wait for confirmation in the red box or at the bottom of the green box to continue the correction path.... Note
Note: Sel position is canceledConsidering the pullback and the lack of failure and reversal confirmation, you can enter the purchase transaction with a stop below the green candlebox to collect high liquidity....
Note
Trail up to 0.1098 for upper supply range.Note
And now... bomb.Note
Continuing the downward path after retesting the supply area...Note
trail stop...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.