In 1H, if current candle closes as a weak candle (eg. bearish/bullish Pinbar), we expect the continuation of the downward movement. Target would be $0.0001539.
Otherwise, if after this candle, we see a strong bullish candle; then upward movement will continue and the next target would be $0.0002199.
After reaching on of these two levels, we have to analyze again.
Otherwise, if after this candle, we see a strong bullish candle; then upward movement will continue and the next target would be $0.0002199.
After reaching on of these two levels, we have to analyze again.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.