Before anything else, you should note that the time frame is large and time-consuming (it is 2D).
BAND seems to be consolidating a triangle pattern, we are now in wave D of this triangle.
Wave D is a diamond diametric, which now seems to be in the bullish wave E of this diametric.
The target indicated on the chart (2.723) is expected to be hit in the coming days
Closing a daily candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BAND seems to be consolidating a triangle pattern, we are now in wave D of this triangle.
Wave D is a diamond diametric, which now seems to be in the bullish wave E of this diametric.
The target indicated on the chart (2.723) is expected to be hit in the coming days
Closing a daily candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active:
47% was pumped and TP 1 was hit
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