risk management bullish reversal based on many timeframe
based on previous triple top monthly
if bullish possible to break out and target 2200-2500
but it need to break some resistance I will show it later
if bullish possible to break out and target 2200-2500
but it need to break some resistance I will show it later
Komen:
Komen:
weekly need 1978 retest to make bullish trend again
but can still drop to 184x-186x zone
but can still drop to 184x-186x zone
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daily need 1940 retest to start bullish trend
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4h need 1937 retest to start long term bullish signal
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the conclusion still possible drop to 184x-186x
with bullish signal 1937 / 1940 / 1978 retest needed to create bullish signal to 2200-2500
next analyze previous triple top
with bullish signal 1937 / 1940 / 1978 retest needed to create bullish signal to 2200-2500
next analyze previous triple top
Komen:
weekly 1314 resistance broken
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daily 1296 broken
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1280 resistance broken
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note: the previous triple top backtest
based on weekly, daily and 4h show that bullish signal needed
with resistance break out
so it's not valid yet
the conclusion still same
the conclusion still possible drop to 184x-186x
with bullish signal 1937(4h) / 1940(daily) / 1978(weekly) retest needed to create bullish signal to 2200-2500
based on weekly, daily and 4h show that bullish signal needed
with resistance break out
so it's not valid yet
the conclusion still same
the conclusion still possible drop to 184x-186x
with bullish signal 1937(4h) / 1940(daily) / 1978(weekly) retest needed to create bullish signal to 2200-2500
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4H proved breakout
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quite crazy how a bear trap could make bullish break out signal come faster than breaking 1940 resistance on daily
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use replay when reversal indeed it bullish signal based on reversal
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