Sideways drift into the cloud and converging tk lines suggests the possiblity of a future edge to edge trade. Place bids along tenkan and kijun marked by "Entry Zone". This move would be further validated by a tk cross. Take partial profit at 0.382 fib and heavy profit at 0.5 fib level. This "Entry Zone" also serves as a good price to accumulate if investing.
Not Financial Advice. Education and Entertainment only.
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As always, do not forget to place stops if price falls below Entry Zone.
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approaching buy zone. place most of buys near the lower end
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Still on track. Updated view with pink zone being aggressive partial buy, light blue zone being expected support in bullish trend, green zone long term accumulation.