Bullish Diamond Pattern
Currently observing a bullish diamond pattern on the chart. However, it's important to note the nearby resistance level and the recent downtrend in price. I'll wait for a pullback to retest the NPOC or even the daily close before considering an entry.
Potential Entry Points: 59,330 - 59,000
Take Profit Targets:
TP1: 60,200 (move the stop-loss at the entry point)
TP2: 61,400
TP3: 66,600
TP4: Let it run to the All-Time High (ATH).
Disclaimer: I am a learning trader and currently not profitable. Please approach these ideas with that in mind. Feel free to share your insights and analysis to help me improve my trading skills.
Potential Entry Points: 59,330 - 59,000
Take Profit Targets:
TP1: 60,200 (move the stop-loss at the entry point)
TP2: 61,400
TP3: 66,600
TP4: Let it run to the All-Time High (ATH).
Disclaimer: I am a learning trader and currently not profitable. Please approach these ideas with that in mind. Feel free to share your insights and analysis to help me improve my trading skills.
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