Hello TradingView Family / Fellow Traders,
๐ After a 100% surge, KSM has been in a correction phase trading inside the falling channel in red.
Currently KSM is approaching a robust demand zone highlighted in blue.
๐น For the bulls to assume control again and initiate the next bullish impulse movement, a breakout above the red channel and last high in red is required.
Meanwhile, until the buy is activated, KSM can still trade lower and dive inside the demand zone.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr