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KCS Clear 4.84 a run to 5.95 can be expected. Cautiously bullish

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Not financial advice.
All charts are made on current market conditions.
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KCS is currently in 5 wave corrective structure from it all time high.
You can see we had a death cross as evidenced by the blue 💙 cross ❌ on chart and now have lost lots of value
KCS has been impacted by loss of customer base due to KYC methods being implemented.
First thing I would wait for is for 2.84 to hold or break thru 4.85. Kind of in no man's land at the moment
Stoch RSI has a nice curve signaling a incoming move but be weary of whether we clear the 4.84 level.
Trade ideas moving forward
I would most likely wait for entry until 4.84 is cleared the way for a move to 5.50 range.
Always practice patience
#PIK Patience Is Key
#TLAW Think Like A Whale
İşlem kapandı: hedefe ulaştı
Target of 5.95 reached +30% gain
In the books

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.