SIREN Analysis (2H)After deep drops, the price is moving sideways, which could indicate an accumulation phase. There is a liquidity pool above the chart and a bullish CH (Change of Character) is visible. We can look for buy/long positions around the support zone.
Targets are marked on the chart. A 4-hour candle closing below the invalidation level will invalidate this 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
SIRENUSDT trade ideas
SIREN buy/long setup (4H)It appears to be inside wave D, which is a symmetrical wave.
At the bottom of the chart, there is a liquidity pool and a strong support zone.
We’re looking for buy/long positions in the green zone.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this 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