NOT ANALYSIS (2H)
Updated
NOTCOIN is consistently making lower H's and L's.
The internal structure is NOT bearish.
We can consider this recent bullish wave as a pullback for the substructure.
By maintaining the supply range, it can move towards the specified targets.
Closing a daily candle above 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 internal structure is NOT bearish.
We can consider this recent bullish wave as a pullback for the substructure.
By maintaining the supply range, it can move towards the specified targets.
Closing a daily candle above 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
Trade closed: target reached
It didn't hit the supply range, but our bearish view on NOT was correct and it made a good drop
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