Possible Scenario for Parkin on 30 mn frame
Updated
There is a chance that the price will follow the speculated blue path till reach 2.63 area and where it may bounce toward the target. It can be considered a good signal for entry with the target is around 2.73.
The scenario fails once the price closes below the (stop loss) red line 2.58.
The scenario fails once the price closes below the (stop loss) red line 2.58.
Trade closed: target reached
Target reached by 5th June :)
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