LUNC is still bearish

١١ أغسطس

LUNC has bearish structure. It is now pullback to the premium ranges of the previous wave.

Nearby, there is a supply range that is an inside bar.

The overlap of the flip line has increased the validity of this area.

We are looking for sell/short positions in the supply range.

Closing a daily candle above the invalidation level will violate the analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

١ سبتمبر

تم فتح الصفقة

Finally, it dropped more than 17% by hitting the red box