mehrdad1476

mehrdad1476

The supports of 217 and 157 have been obtained from the price history, we are currently facing an increase in volume in the range of 217, low-risk entry after consolidation above 425.

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In case of departure from the pattern, a long position can be taken by observing capital management

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After a deep correction, the price has reached the Fibo range of 50 to 62, in case of the formation of a reversal pattern or momentum candlestick with capital management, it is possible to enter a long position

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In case of breaking out of the pattern and consolidating above the resistance of 2.28, it has the potential to grow to medium-term targets

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The price did not fall to 2.18 pullbacks according to the previous analysis and is continuing its upward trend with the right volume, with a fractal breakout, there is the potential to grow up to 3.20

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The price has completed its retracement up to Fibo 62, Fibo targets shown on the slide

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Details of the previous analysis in the 15 minutes timeframe

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If the trend line A holds, the price can move towards fractal 2.38 with small waves, a break of support 2.20 will lead to a further decline, and with a break of 2.38, the next targets will be presented.

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Best Buy Range 2.18 with Pullback Completion A positive reaction should also be seen in the 2.18 range

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If the price consolidates above 0.02, it has the potential to grow to 0.035

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If it breaks out of the channel, the price has the potential to grow to the next targets according to the slide

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The price has reached the zone of the bottom of the channel and Fibo 62/ In case of exit from the channel and consolidation, the decline will deepen, the positive reaction to the bottom of the channel is considered the initial signal of a retracement, the reversal pattern should be seen in the lower timeframes.

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With the breakout of the trendline, the price has the potential to reach the Fibo range of 50 to 62.

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The price will move towards the top of the channel in the range of 2.3 with a consolidation above the midline

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After a proper correction to the 50 Fibo, the price can move towards 2.85 with a fractal breakout.

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In completing the previous analysis, in case of crossing trendline A and point B, the price can reach target 8.6 with the swing shown.

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The price can reach the ceiling of the channel after completing the pullback

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In the range of 8.6, three Fibonacci targets can be seen