MOCA buy/long setup (4H)After hitting an origin zone, a bullish iCH has formed on the chart, and a trigger line has been broken.
We are now looking for buy/long positions in the demand zone, targeting the levels marked on the chart.
A daily candle closing below the invalidation level will invalidate this outlook.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Mocausd
MOCA is at the end of its trend (2H)From the point where we placed the green arrow on the chart, MOCA appears to have formed a large triangle.
It seems that wave C of the large triangle is a double combination, and we are currently in the second part of this combination, which is itself a triangle.
At present, we appear to be in wave c of this smaller triangle. Wave c also seems to be a diametric, and we are now in the final stages of this diametric.
It could reject downward from the red zone.
The closure of a 4-hour candle above the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You