Get Ready for 6x-7x Gains ...
Based on pattern , Time Ratio & Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
TextTarget Profit Range - 53 - 165
(89%-667% Profit Expected)
TP - 1 - 53
TP - 2 - 71
TP - 3 - 94
TP - 4 - 120
TP - 5 - 143
TP - 6 - 165
Buying Zone! Long Position
Early Entry Trigger Point - $25 -$31
Ideal Entry Trigger Point - $18 - $24
Adjust your Stop Loss according to your lot size,
account equity, strategy & money management.
***If you want to get in this trade from this point 54.10 you can still make 31.2% profit till TP2 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like, comment & follow , If you agree with my analysis :)