RUNE UPDATE (1D)
Updated
This analysis is an update of the analysis you see in the "Related Ideas" section.
We have not yet reached the green range of the previous analysis.
Now we have more data on the chart.
Wave D of the previous analysis looks like an ABC, while Wave B is a triangle.
A swap resistance range is also formed for us on the chart, if the price reaches this range, we expect the price to reject downwards.
The green area is the best place to shop. If the price reaches the green range, we will look for buy/long positions.
Closing a 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
We have not yet reached the green range of the previous analysis.
Now we have more data on the chart.
Wave D of the previous analysis looks like an ABC, while Wave B is a triangle.
A swap resistance range is also formed for us on the chart, if the price reaches this range, we expect the price to reject downwards.
The green area is the best place to shop. If the price reaches the green range, we will look for buy/long positions.
Closing a 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
After hitting the red box, it dropped more than 29% and reached the first demandTrade active
It has pumped more than 25% by hitting the green range
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