Rebuy Setup For FET (8H)

18 gru 2024

This analysis is an update of the analysis you see in the "Related publications" section

As we showed in the previous analysis, FET is in a large diametric pattern. Currently, wave F is forming, and it will soon be completed, leading to the beginning of wave G.

Wave G is bullish. The targets have been marked on the chart.

Closing a daily candle below the invalidation level will violate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

6 sty

Zlecenie aktywne

The condition for invalidating the analysis was the closure of a daily candle below the invalidation level, which did not happen; only a shadow was formed. Therefore, the analysis remains valid.