LINA Analysis (4H)
Updated
It looks like a bullish pattern has formed from where we placed the green arrow on the chart.
So far, by the data available from this pattern, it appears to be a triangle.
Wave D is over and price is forming wave E.
It is expected to move towards the red range while maintaining the green range.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
So far, by the data available from this pattern, it appears to be a triangle.
Wave D is over and price is forming wave E.
It is expected to move towards the red range while maintaining the green range.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade closed: target reached
By hitting the green box, it was pumped more than 16% and reached the red box
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