After a good climb, it has reached a resistance FL range.
Even if SAGA wants to break out of this area, it must have a correction ahead. Note that this correction may not be deep, so when we reach the first target, save some profit and then place a stop on the entry.
This area can contain many sell orders.
It has also swept up a large liquidity pool.
Closing a daily candle above 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
Even if SAGA wants to break out of this area, it must have a correction ahead. Note that this correction may not be deep, so when we reach the first target, save some profit and then place a stop on the entry.
This area can contain many sell orders.
It has also swept up a large liquidity pool.
Closing a daily candle above 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
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