BAHVEST - Looking for continuation of bullish momentum
Atualizado
Y wave, target (E) within stipulated range.
N wave with N, NT & V projection.
The price is above the Kumo, signaling bullish momentum.
The Chikou Span is also above the price, which confirms a bullish sentiment.
The Tenkan-Sen has crossed above the Kijun-Sen, signaling a bullish crossover. This reinforces the upward trend.
Price needs to stay above 0.585 and could provide a potential entry signal for a bullish continuation toward the V target at 0.620.
Consider placing a stop-loss below the Kijun-Sen at around 0.550 to protect against downside risk.
R1 - 0.655
R2 - 0.690
S1 - 0.545 (Senkou-span B)
S2 - 0.495
The chart indicates a bullish continuation, but it's essential to watch how the price reacts to these resistance levels, especially at 0.655 and 0.690.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
N wave with N, NT & V projection.
The price is above the Kumo, signaling bullish momentum.
The Chikou Span is also above the price, which confirms a bullish sentiment.
The Tenkan-Sen has crossed above the Kijun-Sen, signaling a bullish crossover. This reinforces the upward trend.
Price needs to stay above 0.585 and could provide a potential entry signal for a bullish continuation toward the V target at 0.620.
Consider placing a stop-loss below the Kijun-Sen at around 0.550 to protect against downside risk.
R1 - 0.655
R2 - 0.690
S1 - 0.545 (Senkou-span B)
S2 - 0.495
The chart indicates a bullish continuation, but it's essential to watch how the price reacts to these resistance levels, especially at 0.655 and 0.690.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
Trade fechado: objetivo atingido
Reached all target
Aviso legal
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