SXP has entered an uptrend after a very large decline from where I put "The start of the upward movement" on the chart. It has formed bullish CHs and BOS and has undergone a correction after hitting important resistance.
It has formed a liquidity pool in the lower range, which by collecting this pool and hitting the OB, which is our order block and the origin of the upward movement, can move towards the announced targets.
I specified the targets and invalidation level.
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
It has formed a liquidity pool in the lower range, which by collecting this pool and hitting the OB, which is our order block and the origin of the upward movement, can move towards the announced targets.
I specified the targets and invalidation level.
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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