๐ฅ $POWER | Strong buying opportunity before the launch
#POWER
After a strong upward wave from the 15th to the 17th, the currency entered a fierce correction, losing more than 50% of its value.
What's striking right now is that the price on the hourly frame is forming a double bottom pattern at the bottom area,
and the second bottom has already formed, and after that, we saw consecutive rises with green candles ๐
๐ Technical analysis:
1-hour frame: double bottom + upward momentum
The price has started to rise above the short-term averages
A clear improvement in buying strength
๐ฏ Trading strategy:
Enter buy (Long): with any slight correction near the bottom
First target: nearby resistance
Second target: continuation of the rebound wave
Stop loss: breaking the last bottom
โณ Early entry here is importantโฆ the movement has really started.#FOMCWatch #USChinaDeal #TrumpTariffs $POWER

