HI GUYZ
As you can see in the chart, we see a reversal pattern (QM)
By examining other factors, we can expect an upward correction trend.
Also, there is a possibility that the price will touch the cloud ceiling by checking the cloud
The price has validly broken the one-hour cloud and created a flat state,
may be touched by the price again. If the price stabilizes above this area, we can expect the price to continue to grow.
If you want to have a buy position, you can set your loss limit in two ways
1. By placing the loss limit under the one-hour cloud. This state can be the least risky state
2. Placing the loss limit under the defined area inside the chart(LL)
As you can see in the chart, we see a reversal pattern (QM)
By examining other factors, we can expect an upward correction trend.
Also, there is a possibility that the price will touch the cloud ceiling by checking the cloud
The price has validly broken the one-hour cloud and created a flat state,
may be touched by the price again. If the price stabilizes above this area, we can expect the price to continue to grow.
If you want to have a buy position, you can set your loss limit in two ways
1. By placing the loss limit under the one-hour cloud. This state can be the least risky state
2. Placing the loss limit under the defined area inside the chart(LL)
