A triangle has started from where we entered "Start" on the chart.
Right now it looks like wave E of the triangle is over or at the end of wave E.
There is a supply on the way to the part. By consuming this supply and a downward rejection and then maintaining the green range, it can enter a medium-term bullish phase.
KNC will remain bullish while maintaining the green range
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Right now it looks like wave E of the triangle is over or at the end of wave E.
There is a supply on the way to the part. By consuming this supply and a downward rejection and then maintaining the green range, it can enter a medium-term bullish phase.
KNC will remain bullish while maintaining the green range
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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After hitting the green box, 67% was pumped and TP 1 was hit
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