TKO seems to have completed a five-wave drop pattern, signaling a potential shift towards an upside movement. There's anticipation for a probable ADAM and EVE formation, which indicating a change in the market sentiment.
The accumulation zone highlighted on the chart stands out as a crucial Point of Interest (POI) for a significant buy opportunity. It's advisable to set a wider stop loss to accommodate market fluctuations during this transition phase.
The pattern's Neckline emerges as an immediate zone for the mid-term target area and the proposed final setup target were shown on the chart.
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Trade active
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Trade active
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Trade active
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+264% profit already on this setup. keep holding for target