behdark

MTL looks bullish

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BINANCE:MTLUSDT   Metal / TetherUS
From where we wrote "start" on the chart, a large degree triangle is finished.

The move after this triangle cannot be this small. So, according to our timing rules, if this triangle is finished, this pump was the only a/w wave, and the recent correction was b/x, and finally a bullish wave (c/y) remains.

It can be pumped by 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
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

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