After the bearish diametric, the price has entered a bullish pattern.
This bullish pattern can have 3 or more waves. Now it looks like the price is inside the B/X wave.
On the green range, which is the best demand for completing B/X, you can look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
This bullish pattern can have 3 or more waves. Now it looks like the price is inside the B/X wave.
On the green range, which is the best demand for completing B/X, you can look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active:
COTI dropped and reached the green range and then pumped and TP 1 was hit
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