Grayballz

LRS Technical Analysis - BDW

Long
ASX_DLY:LRS   LATIN RESOURCES LIMITED
LRS currently in local down trend after upwards impulse move. Forming BDW on Daily timeframe. Recovered the 0.618 from impulse move, heavy confluence with Daily and Monthly support at 0.175.


Search for entry candle at 0.19 to 0.175, stop loss potential at 0.17 to 0.165 pending entry.

Target 2 high probability, key ML, Macro 0.618, and BDW T2.

Loss of 0.175 invalidates idea.


Target 3 good earning potential - can front run and TP at 0.525 at local Monthly top

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