This method took us to the bottom of $NMR
We did things this way.
Meanwhile, NMR was trading at its lowest level with no plans to deteriorate. Within these vital ranges, 9.54–11.32, this price action indicated a high degree of potential demand. We were able to determine that NMR did not break its major support, indicating a strong long position, after observing these important levels.
We used these strategies as we identified the optimal entry point. First, we identified the total number of tests that were used to test the minor resistance. Three attempts had been made in total previously, and additional validation was done. The price mostly stayed above the important levels that served as a testing ground for the minor resistance that was weakening. We made the decision to act and commit to a long position with the goal of gaining more than 5% of its rise once the fourth attempt was initiated. This was successful.
Stay wise, trade cautiously.
