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BAHVEST - Looking for continuation of bullish momentum

184
Y wave, target (E) within stipulated range.
N wave with N, NT & V projection.
The price is above the Kumo, signaling bullish momentum.
The Chikou Span is also above the price, which confirms a bullish sentiment.
The Tenkan-Sen has crossed above the Kijun-Sen, signaling a bullish crossover. This reinforces the upward trend.
Price needs to stay above 0.585 and could provide a potential entry signal for a bullish continuation toward the V target at 0.620.
Consider placing a stop-loss below the Kijun-Sen at around 0.550 to protect against downside risk.
R1 - 0.655
R2 - 0.690
S1 - 0.545 (Senkou-span B)
S2 - 0.495
The chart indicates a bullish continuation, but it's essential to watch how the price reacts to these resistance levels, especially at 0.655 and 0.690.



Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
İşlem kapandı: hedefe ulaştı
Reached all target

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.