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behdark
Feb 29, 2024 6:28 PM

NEO is still bullish Long

NEO / TetherUSBinance

Description

From where we entered "start" on the chart, a time-consuming triangle has started, and from where we placed a green arrow on the chart, this triangle has ended and we have entered a bullish wave.

This bullish wave is either an ABC or a more complex pattern.

We should now be in the middle of wave B.

By maintaining the green range, it can move towards TP.

Closing a daily candle below the invalidation level will violate the analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

Trade active

It was rejected from the red box and reached the green range, and then 75% was pumped and TP 1 was hit.

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