$MOVR is breaking out strongly. The 4H chart has entered an uptrend wave, while the 1H chart is building strong momentum.
On the 1H timeframe, I see a clean high low at 3.1237 and a tightly formed high at 3.1363. The structure is still intact, with no signs of a fakeout. Volume is increasing, confirming the trend.
EP: 3.1237 – 3.1363
TP1: 3.6201
TP2: 4.0122
TP3: 4.4043
SL: 2.6399
Do you think the next wave will break above 4.0 or pause around 3.7?
On the 1H timeframe, I see a clean high low at 3.1237 and a tightly formed high at 3.1363. The structure is still intact, with no signs of a fakeout. Volume is increasing, confirming the trend.
EP: 3.1237 – 3.1363
TP1: 3.6201
TP2: 4.0122
TP3: 4.4043
SL: 2.6399
Do you think the next wave will break above 4.0 or pause around 3.7?