HIFI ANALYSIS (4H)
Updated
From where we put the green arrow on the chart, it looks like a triangle is forming on the chart.
It seems that we are now in wave D of this triangle.
The E wave can start from the green range.
We are looking for buy/long positions in the green range.
Closing a daily candle below the invaliation 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
It seems that we are now in wave D of this triangle.
The E wave can start from the green range.
We are looking for buy/long positions in the green range.
Closing a daily candle below the invaliation 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 closed: target reached
After hitting the green box, more than 37% was pumped
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