1. Possibility of supporting a short-term property base created by this upward trend
2. Possibility of 1D EMA support to maintain upward trend
3. Bullish Elliott Wave 4 Possibility of wave motion
Goal: The trend line that supporting the previous day
Or Fibonacci ratio can be estimated around 2.618 position
Note: The forecasts are always wrong because the...
We have formed a small ascending channel within a large drop channel.
If the current 15M chart is over the EMA You can find the reason for entering Long by being supported when you come back to the support test again.
The target price is likely to be around the intersection of the down channel and the up channel (up channel).