N wave with E, V, N & NT projection.
The price is above the Kumo suggesting a shift in momentum towards bullishness.
NT level (0.470) acts as immediate resistance. A breakout above NT level with a strong volume confirming a potential bullish momentum.
The Kumo is green, suggesting that the future trend may continue to be bullish if the price closes above the Kumo.
Enter a long position at 0.430 if the price holds above this level with bullish candlestick.
Set a stop-loss at 0.400, just below the immediate support and recent lows, to manage risk effectively.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
The price is above the Kumo suggesting a shift in momentum towards bullishness.
NT level (0.470) acts as immediate resistance. A breakout above NT level with a strong volume confirming a potential bullish momentum.
The Kumo is green, suggesting that the future trend may continue to be bullish if the price closes above the Kumo.
Enter a long position at 0.430 if the price holds above this level with bullish candlestick.
Set a stop-loss at 0.400, just below the immediate support and recent lows, to manage risk effectively.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
Trade fechado: stop atingido
Hit SLAviso legal
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Aviso legal
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