The divergence and key level break signal appeared with EURUSDH2 time frame.
Structure: The uptrend ended when the price broke the Key level at 1.14000.
Wait for a retest and a bearish confirmation signal to find a selling opportunity.
The profit target is the 1.12700 and 1.11200 price zone.
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Wish you all have a good trading day!
Confrimation
Three Rising Valleys on KIN Testing Above The Confirmation LineWe just tested the confirmation line as support lets see if we can pump to some fib extensions now.
PMA : Upto 500% profit for #HODLERsRSI : 36
Volume : Needs to increase.
Note : Falling Wedge Created and needs to break to confirm a reversal bull trend.
Accumulation Area : 6 sats - 8 sats
Distribution Area :
Target 1 : 12 sats
Target 2 : 16 sats
Target 3 : 19 sats
Target 4 : 22 sats
Target 5 : 26 sats
Target 6 : 33 sats
Stop Loss : 5 sats
Risk : High
Capital Accumulation : 35 - 5%
Need to follow a strict stop loss and risk management method while trading.