just an update, i had to make candles more visible so i drew the pattern again with more zoom-in
reminder: this is for approx. 1 year from now. longer time frames might have bigger targets (will update later)
short time frames lower targets, and put dynamic stop-loss below each previous major consolidation, for now it can be 1.0$ for mediocre risk takers, and 1.14( the previous 1month high) for low risk traders. which is one daily candle closing below these numbers. yet again, investors for long time frames shouldn't use close stop-losses ( i don't even use 0.9$ for now)
reminder: this is for approx. 1 year from now. longer time frames might have bigger targets (will update later)
short time frames lower targets, and put dynamic stop-loss below each previous major consolidation, for now it can be 1.0$ for mediocre risk takers, and 1.14( the previous 1month high) for low risk traders. which is one daily candle closing below these numbers. yet again, investors for long time frames shouldn't use close stop-losses ( i don't even use 0.9$ for now)
