The current market prices have recently undergone a significant change in liquidity, resulting in a likely minor retracement to collect additional orders before confirming a suitable buy for medium to long-term investments.
After a market sweep, entering into a "turtle soup" strategy may prove effective, although it is imperative to wait for confirmations to ensure that all necessary criteria have been met.
The current price has created an opportunity for character development, and an inducement has been identified.
Consequently, we propose taking an entry for a 1:2 risk/reward ratio to the previous low. We will monitor the market closely to evaluate how the investment performs.
After a market sweep, entering into a "turtle soup" strategy may prove effective, although it is imperative to wait for confirmations to ensure that all necessary criteria have been met.
The current price has created an opportunity for character development, and an inducement has been identified.
Consequently, we propose taking an entry for a 1:2 risk/reward ratio to the previous low. We will monitor the market closely to evaluate how the investment performs.
Trade closed: stop reached