So many questions? But what does the chart say?
Well, we are in descending triangle, and if one is going to buy, now is the time. Risk reward ratio is good.
However, it is very possible we could break down lower, just as easy.
Try enter in the possible entry area, in case we dip below.
First exit at 8k, we are in double descending triangle from macro and micro perspective.
I hope this helps.
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
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Thank you,
Ajion