Does the "Ascending Shell" model exploit #كيف to achieve profits?

📌 This model indicates a reversal or continuation of the uptrend! Here are the trading steps:

🔍 Model characteristics:

- Two consecutive bottoms: the second is higher than the first (signal of seller weakness).

- A curved shape resembling a shell: reflects gradual accumulation.

- Hammer candle: may appear to support the trend reversal.

🎯 Trading strategy:

1. Entry point (ENTRY):

- Enter a buy after breaking the upper resistance line with increased trading volume.

- Ensure confirming candles appear (like a strong green candle).

2. Stop loss (STOPLOSS):

- Place it below the second bottom or the lowest point in the model.

- Adhere to the 1:3 risk-to-reward ratio (1% risk for a 3% return).

3. Take profit (TARGET):

- Set the first target at a distance equal to the height of the model.

- Use Fibonacci levels (like 161.8%) as a secondary target.

💡 Golden tip:

Combining the model with indicators like moving averages or RSI increases the reliability of the signal!

🚨Warning:

The model reflects upward accumulation, but it needs confirmation through additional technical factors such as volume and indicators.

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