REN ANALYSIS (2H)
Updated
REN seems to be forming a diametric on small time frames.
It is now in the middle of the bullish wave E of this diametric.
By maintaining the specified demand, it can move towards the target.
The first target is the red box.
Closing a 4-hour 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
It is now in the middle of the bullish wave E of this diametric.
By maintaining the specified demand, it can move towards the target.
The first target is the red box.
Closing a 4-hour 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
Trade active
The desired move was made and TP 1 was hit
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