The price had tried to form a bearish CH but failed to form a bearish CH with the body of the candlestick. (I mean on the chart where I put a line without a name)
A demand range is now formed. It is expected that the demand will move towards the targets from this range.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
A demand range is now formed. It is expected that the demand will move towards the targets from this range.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks