LOOKA looks bullish
It looks like a large diametric is running out.
It seems that there is a bearish wave left from this diametric, which we expect to end on the green range.
Only if it returns to the green range, we will enter the buy/long position
Closing a daily candle below 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
It seems that there is a bearish wave left from this diametric, which we expect to end on the green range.
Only if it returns to the green range, we will enter the buy/long position
Closing a daily candle below 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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