This is a quick call based on idea of ISHS pattern identified within SYMMETRICAL TRIANGLE and as we can see we have RIGHT Shoulder in the making.
Based on the above idea, I spotted a closed range of price as our accumulation zone.
Accumulation zone should be used to ladder all our long trades and always remember to focus more on the stop loss zone.
is showing a pottential bottom been hit which should give room for quick price rising.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are:
POSSIBLE ENTRY ZONE
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It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.