4h time frame
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KAVA is creating a potential long-term double bottom structure. Currently making a cup and handles pattern in lower time frame, this CH provide us a reasonable setting for SL. Also, if KAVA maintain the pumping momentum, there are three targets as below. Risk to reward is great, even only reach the first target.
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TP: 1~1.05 / 1.17 / 1.5
SL: 0.725
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Everything on the chart.
Nothing has changed from my last idea.
Entry: market and lower
Target: 5.5 and 6.5
after first target reached move ur stop to breakeven
Stop: ~3.3 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1...
