Power after the pressure of selling has started to recover.
Price is just under the 8/1 resistance line of upper Gann fan. Once price crosses it then this line will start acting as support. Just see the repetition of the triangle pattern (Orange).
RSI is also moving upwards and at present it is around 57, therefore, there is sufficient room to consider retracement which previously happened at 75 and 86 respectively.
KVO is just below zero level but likely to catch up.
Trade Values
Buy Mkt: 9.20
TP-1: 9.96 (Price Action Resistance)
TP-2: 11.80 (AB=CD)
SL: 8.20 (below previous HL)
Price is just under the 8/1 resistance line of upper Gann fan. Once price crosses it then this line will start acting as support. Just see the repetition of the triangle pattern (Orange).
RSI is also moving upwards and at present it is around 57, therefore, there is sufficient room to consider retracement which previously happened at 75 and 86 respectively.
KVO is just below zero level but likely to catch up.
Trade Values
Buy Mkt: 9.20
TP-1: 9.96 (Price Action Resistance)
TP-2: 11.80 (AB=CD)
SL: 8.20 (below previous HL)
交易結束：目標達成
As analyzed, both TPs have been achieved. Now I'll publish another idea on this SCRIPT if I get at least 20 boosts on this trade.
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