The time has come for the retracement price to touch down the em
The nature of the price is that it will make a retracement touching the moving average no matter what the time frame. I chose ema50 as a reference because based on my experience I have seen very good price response to ema50.
If you look at the chart, the price once tried to go down to touch ema50 but failed. The price has made a significant increase, and I think the time has come for the retracement price to touch down the ema50 at TF M30.
In analysis, we don't need complicated and difficult to understand analysis. We need to know where our target is and where we need to cut loss. Money Management is very important. The risk reward ratio is 1:1 and to be more careful you can wait for the level above.
Trade at your own risk and responsibility. This is just my opinion not trading advice.
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