LUNC ANALYSIS (6H)
Updated
LUNC appears to be forming a large triangle or diametric pattern.
It looks like wave D is over and we are now entering wave E.
Wave E appears to be a diametric.
After the completion of wave e and f from E, we are expected to move towards the targets for wave g from E.
The green range is where we look for buy/long positions.
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 looks like wave D is over and we are now entering wave E.
Wave E appears to be a diametric.
After the completion of wave e and f from E, we are expected to move towards the targets for wave g from E.
The green range is where we look for buy/long positions.
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
Trade active
By hitting the green area, it has pumped more than 9%.Due to the weakness of movement, save some profit here
Trade active
After hitting the green range, 25% was pumped and tp 1 and tp 2 were hit
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