KADENA - EASY SETUP 🚀

٥ يناير ٢٠٢٢

Kadena is showing us a very simple and easy setup. We had an impulse and now we're in an ABC correction, which will be followed up by another major impulse. Only question is where will the C wave stop.

We have 2 areas where we are looking for the end of C and the start of the impulse.

First area: 8.5 to 9
Double bottom area

Second area: 3.3 to 4
-0.27 fib

Trade Idea:
- Watch for the completion of C wave at one of the 2 areas mentioned
- Enter when bullish price action appears
- Put stops below the rejected price
- Targets: 28 - 33 - Hold the rest

Goodluck!