N wave with E, V, N & NT projection.
Price is above the Kumo, suggesting bullish sentiment, though the cloud is still thin, indicating some level of uncertainty.
The price is slightly above Tenkan-Sen, suggesting short-term bullish momentum.
Chikou-Span positioned above the price, further confirming bullishness.
Wave Structure: We see the classical A-B-C correction pattern completing around point (C), and the price has started moving upwards towards the NT level (0.775). If the price can successfully break and close above 0.775, it would likely confirm the next wave towards the N (0.845), V (0.860), and E (0.915) levels.
52-week high: 0.785, a key resistance level to monitor.
A potential entry can be taken once the price breaks above the NT level of 0.775, confirming bullish continuation.
Stop-Loss: Below the recent low around 0.740, providing a good risk-to-reward ratio.
Given the bullish signs from the Ichimoku indicators and the N wave projection, a breakout above NT (0.775) could indicate further upside movement. However, watch for a rejection at this level, which may result in price consolidation or a pullback.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
Price is above the Kumo, suggesting bullish sentiment, though the cloud is still thin, indicating some level of uncertainty.
The price is slightly above Tenkan-Sen, suggesting short-term bullish momentum.
Chikou-Span positioned above the price, further confirming bullishness.
Wave Structure: We see the classical A-B-C correction pattern completing around point (C), and the price has started moving upwards towards the NT level (0.775). If the price can successfully break and close above 0.775, it would likely confirm the next wave towards the N (0.845), V (0.860), and E (0.915) levels.
52-week high: 0.785, a key resistance level to monitor.
A potential entry can be taken once the price breaks above the NT level of 0.775, confirming bullish continuation.
Stop-Loss: Below the recent low around 0.740, providing a good risk-to-reward ratio.
Given the bullish signs from the Ichimoku indicators and the N wave projection, a breakout above NT (0.775) could indicate further upside movement. However, watch for a rejection at this level, which may result in price consolidation or a pullback.
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
交易結束：達到停損點
Hit SL
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。