Monthly Chart: The price seems like acting within the triangle range. There is no breakout from this triangle so far.
Weekly Chart: From the monthly triangle range, it seems like the price will be going up viewing from the weekly chart.
Daily Chart: The price is forming the bottom and ready to go up. Seems like it, in my personal opinion. I might be wrong.
4H Chart: The price has bottom and is creating lower high and lower high. Short term can place some order to long and control the risk of losses to be only 1% from the capital.
Along my trading years, I learned that there is no perfect method to guess or anticipate the market correctly. The market might not act towards my favor. I learned that patient is the main key to success. Emotion control is very important too. There is no get rich fast in trading, and we shall treat it as life long career if we want to excel in it.
Keep the risk to 1% of the capital. We cannot control the market, we can only control how we react to it. Anticipate price action and plan how you are going to react for each scenarios. The price goes up? The price goes down or the price trade in range.
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