The corrective wave on the 4-hour chart seems to be ending,
Order Type: Buy Limit
Entry Price: $2400
Take Profit: $2450
Stop Loss: $2370
Confidence Level: 75%
Justification:
Price is near the middle Bollinger Band on the 4-hour chart, indicating a good entry point for a potential move upward.
MACD on shorter time frames suggests a potential bullish reversal.
Support at $2404 provides a good risk-reward ratio.
Volume analysis indicates stable interest at these price levels, supporting the potential for an upward move.
Entry Price: $2400
Take Profit: $2450
Stop Loss: $2370
Confidence Level: 75%
Justification:
Price is near the middle Bollinger Band on the 4-hour chart, indicating a good entry point for a potential move upward.
MACD on shorter time frames suggests a potential bullish reversal.
Support at $2404 provides a good risk-reward ratio.
Volume analysis indicates stable interest at these price levels, supporting the potential for an upward move.
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