FIO / cup and handle
Updated
Hi
On the daily frame, we see a cup and handle, the breakout occurred and then it was retested .
The model is ready, it needs liquidity.
The Target of a cup and handle is 0.052
But in chart all the targets
Stop loss close day candle below 0.039
SL 0.039 1D
Attention: This currency is slow moving, it requires patience as well
On the daily frame, we see a cup and handle, the breakout occurred and then it was retested .
The model is ready, it needs liquidity.
The Target of a cup and handle is 0.052
But in chart all the targets
Stop loss close day candle below 0.039
SL 0.039 1D
Attention: This currency is slow moving, it requires patience as well
Comment
T1 : 0.046 ✅Trade active
We see that it achieved the first target ✅
and then fell with a decline in Bitcoin,
but so far it has not closed at the price of 0.039.
The analysis is still valid, and the entry is good, and the first target again is 0.046
Trade closed: target reached
T1 ✅T2 ✅
T3 ✅
T4 ✅
Comment
Thank You
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