considering long-term movement, the price is on an uptrend.
the best entry point in this analysis is the lower circle zone if the price reaches it, which we have a nice intersection between the yellow uptrend line and horizontal red support line.
the first target is marked by blue.
The price movement path in order to reach the second target is indicated by a blue arrow.
please take into account the second scenario.
Goodluck...
the best entry point in this analysis is the lower circle zone if the price reaches it, which we have a nice intersection between the yellow uptrend line and horizontal red support line.
the first target is marked by blue.
The price movement path in order to reach the second target is indicated by a blue arrow.
please take into account the second scenario.
Goodluck...