Hello
This is my idea
The price has entered a higher channel after starting its up trend. And because it has touched the bottom of this channel twice, it has been fixed in it.
Here we have two patterns AB=CD. One is in the form of a correction and minor wave, and the other is in the form of a major wave. This is a simple and general idea. The condition for success is that:
* Enter the position at the right time.
* Enter the position with the right volume.
* Even though you put a proper stop loss, you should also be on the lookout for stop hunters.
* Put the profit limit a little before the price target
This is my idea
The price has entered a higher channel after starting its up trend. And because it has touched the bottom of this channel twice, it has been fixed in it.
Here we have two patterns AB=CD. One is in the form of a correction and minor wave, and the other is in the form of a major wave. This is a simple and general idea. The condition for success is that:
* Enter the position at the right time.
* Enter the position with the right volume.
* Even though you put a proper stop loss, you should also be on the lookout for stop hunters.
* Put the profit limit a little before the price target