The sessions here are each worth three days (3D Candles). So these are really strong candles compared to the daily session.
How are you feeling today? Give me a minute of your time to review this another opportunity, it can be rewarding.
➢ NKNBTC produced a classic reversal pattern. Notice the last green session that closed, it is full green and it recovered more than a month of bearish action. This is the bullish breakout.
This type of action is part of a "stop-loss hunt event." A sudden and fast crash, at already low prices, just to be followed by an even stronger and fast recovery. Once the signal is in, we can get expect growth.
➖ A failed signal on the bearish side; ➖ A reversal on the bullish side.
👉 The first target is very easy, a little more than 100% potential and goes in-between EMA89 and EMA144. There can be more growth of course, it can take a few weeks waiting time for the action to develop. Maximum 2 months.
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