#SUI Waiting for confirmation to break range

Updated

In time H4, it completed a correction cycle and returned to the indicated support. If the red box breaks the first one, you can enter the buy position. Otherwise, with a negative reaction in the red box, you can enter the reverse position until the bottom of the upward movement.

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Wait for the break of 1.1720. In the second green candle, you can enter a buy position...

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More than 13% growth in the specified range. Trail the stop...
If there is a negative reaction within the first profit limit box, save profit...

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If it returns in the specified area with confirmation, you can enter the sell position up to the previous support level.

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Resistance break and supply zone... and now

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Pullback is broken into a structure and continues to move upwards.

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Note that the negative reaction is done to the range of the red box of the correction to the green box of the previous ceiling

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It can have two paths to continue moving. The first movement of the red box above the current candle should be broken and after hitting the trigger and completing the pullback, it will enter the continuation of the path. Or to continue the upward path from the two specified entrances.

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Great, go dear...

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And now, Full Tp.... 🚀

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Friends in the comments I mentioned in the 5 -minute timing with a defeat of 2.3 for 2.3, you can enter the shopping transaction. Currently, District 4.1 is the supply area that has to wait for the type of currency behavior. If it fails to continue the process, they entered the purchase transaction. Otherwise, after the money to the structure, you can enter the purchase transaction. Wait for now.
Friends in the comments I mentioned in the 5 -minute timing with a defeat of 2.3 for 2.3, you can enter the shopping transaction. Currently, District 4.1 is the supply area that has to wait for the type of currency behavior. If it fails to continue the process, they entered the purchase transaction. Otherwise, after the money to the structure, you can enter the purchase transaction. Wait for now.

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I tried to identify all the important correction and reversal points on the chart, which luckily all of them worked well and made good profits at the right time.

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Currently, the green box area is supported. To touch the red box area and reach the target of 1.80 to 1.85, 1.56 should be broken.

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In case of a pullback, you can enter a buy position.

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And now after the failure of 1.56

Trade closed: target reached

FULL TP...

alikze

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