ALGO buy setup (1D)

Dec 31, 2024

Here, we have a high-potential zone for ALGO.

The green zone represents strong support, and if the price reaches this area, we will look for buy/long positions.

The red box is a fresh order block that hasn’t been tapped yet, containing the main sell orders.

The target can be this red box.

Closing a daily candle below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

Mar 3

Trade active

After hitting the upper edge of the entry zone, it pumped over 46%.
Don't forget to secure your profits!