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6. Sea Pony Pattern: Explained in the below image.
7. analysis: Kumo Breakout & Kumo Twist on a daily & monthly chart is Strong for an upward momentum. However, weekly chart is on a strong downward momentum at the time of publishing.
8. is at 50.78 on a weekly Chart at the time of publishing.
11. Wait for retest completion for long entry. However, keep in watch list for the week & alert for price momentum.
Projected targets as per Sea Pony Pattern provided in the chart.
Stop Loss: Enter long only if retest & upward momentum continuation.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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