PENDLE Trading Plan - Stop Profit or Increase - Key Price 5.8

1. Trading cycle: PENDLE I am a weekly K-level transaction

2. Cost: I entered the market when the price dropped from 4.4 to 3.8 a few weeks ago.

3. K stick: The current daily line continues to gap downward to generate daily FVG, and the next challenge is daily FVG below 5.8.

4. Moving average: The current week is not strong, but the order is pretty good. There is a chance to break through.

5.TPO: There is a weekly K support around 5.8.

6. VRPR: 5.8 and above accumulate a lot of chips, 5.8 has a notch.

7.RSI: 8-day RSI has no overshooting situation

8.trendline: The structure is destroyed downwards

9.OBV: No statement yet

10. Chips flowing out

11. Entry and exit

Key price 5.8

60 minutes k 20-40 K sticks step firmly or falsely fall below to increase the position

Falling below the profit limit

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