Hello, Traders!
After the trend movement and correction, WAVES makes an exit from the reaccumulation phase.
Entry into the trade can be considered in the range: $6.14-$6.34
Stop Loss, in this case, is tight: under $5.76
Target levels will be:
$6.66
$7.30
$8.18
Which makes an excellent ratio of risk to profit exceeding 3!
Good luck and watch out for the market.
P.S. This is not a piece of financial advice but only trade I would be following myself
After the trend movement and correction, WAVES makes an exit from the reaccumulation phase.
Entry into the trade can be considered in the range: $6.14-$6.34
Stop Loss, in this case, is tight: under $5.76
Target levels will be:
$6.66
$7.30
$8.18
Which makes an excellent ratio of risk to profit exceeding 3!
Good luck and watch out for the market.
P.S. This is not a piece of financial advice but only trade I would be following myself