Monetha attempted to penetrate the cloud, but was rejected. That being said, there is a clear uptrend, and this trade has an extremely good risk:reward.
I would look to buy along diagonal support highlighted by buy zone. The ability to close a few daily candles inside the cloud could see a very quick 2-3x as indicated by the flat top of the cloud.
Stops should be placed if price falls below diagonal buy zone for extended time.
I would look to buy along diagonal support highlighted by buy zone. The ability to close a few daily candles inside the cloud could see a very quick 2-3x as indicated by the flat top of the cloud.
Stops should be placed if price falls below diagonal buy zone for extended time.