COOKIE is Bearish (2H)

٢٥ يناير

First of all, note that this symbol is highly volatile and risky.

From the point where I placed the red arrow on the chart, it seems that the COOKIE correction has begun.

Currently, it appears that COOKIE is in wave B of an ABC pattern or possibly a more complex structure.

As long as the red zone is maintained, it is expected to move toward the specified targets.

Closing a 4-hour candle above the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

٢٧ يناير

تم فتح الصفقة

It dropped by more than 25% and TP 1 was hit

١١ فبراير

أغلقت الصفقة: تم الوصول للهدف

It reached the green box and finally reacted from the green box.