$BABA LONG
• The market picture is developing in favor of buyers, who are trying to consolidate their positions near the current entry zone.
• The formation retains potential for upward movement, although the overall success of the scenario depends on the bulls’ willingness to defend the momentum they’ve gained.
• Risk management remains the main element of the strategy to control possible market fluctuations.
🔹Entry zone: 109.96
🎯Take 1: 110.72652952 (+0.70%)
🎯Take 2: 111.58305904 (+1.48%)
🎯Take 3: 112.86785333 (+2.64%)
❌Stop-loss: 108.58520572 (-1.25%)
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#BABA #priceaction #SmartMoney 📈
$BABA
• The market picture is developing in favor of buyers, who are trying to consolidate their positions near the current entry zone.
• The formation retains potential for upward movement, although the overall success of the scenario depends on the bulls’ willingness to defend the momentum they’ve gained.
• Risk management remains the main element of the strategy to control possible market fluctuations.
🔹Entry zone: 109.96
🎯Take 1: 110.72652952 (+0.70%)
🎯Take 2: 111.58305904 (+1.48%)
🎯Take 3: 112.86785333 (+2.64%)
❌Stop-loss: 108.58520572 (-1.25%)
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#BABA #priceaction #SmartMoney 📈
$BABA