Long

Alikze → TIA | Pullback to broken structure

Updated

After touching the target of the previous analysis, it is moving in an upward channel at time h8, it seems to be pulling back to the broken structure. If the 18.75 range is not broken and we see a return candle, it will have the ability to break the current supply area for the 21.85 and 23.44 targets.
Otherwise, it will correct up to the specified demand range.
🟩Sup: 18.75
⛳️Tp1: 21.85
⛳️ Tp2 :23.44
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Note

Wait for the buy position to be confirmed above the green bar. It is possible that this pullback is a broken structure. Otherwise, it can be considered as a fake break.

Note

Above the neck line, the stirred pullback is the first target of the next supply range.

Note

You can set a buying position.

Note

After not being able to break the area of the corrective path, it penetrated to the green box of the support area, which is moving towards the supply area after the support.

alikze

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