Let's Learn Bullish Scallop pattern 📈, a technical setup where prices initially drop 📉, form a curve like a scallop, and then rise again
Entry Point: Buy when the price starts going up after the curve's bottom
Stop Loss: Set below the lowest point in the curve to limit losses
Target: Aim for the price to reach the top level shown for profit
The "Hammer" symbol represents a candlestick pattern often signaling a reversal.
This pattern signals potential upward movement in the market! 💪 🚀
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Here’s a quick summary of the Pullback After Breakout Entry:
Breakout: Price breaks above resistance, signaling a potential upward trend.
Pullback to Demand: Price dips back to the demand zone (support), providing a better entry.
Entry & Stop Loss: Enter at the demand zone, with a stop loss below the zone for protection.
Target: Aim for the initial target above the breakout.
Use this strategy to catch trends after a pullback! 📈
The price of an iPhone in bitcoin
Are you sure it's better to buy an iPhone for $1000? 👀