$NXPC Key Insights on Reversal Candles

Reversal Candles: These are crucial formations in technical analysis that indicate a potential shift in the price direction. They often signal the end of a trend and the beginning of a new one.

Current Price Action: The price is attempting to reclaim the $1.20 level, which is a significant psychological barrier.

Your Trade Setup$NXPC

Entry Zone: $1.20 – $1.22

Target 1: $1.24

Target 2: $1.26

Stop Loss: $1.17

Pro Tip

Watch the $1.22 Level: If the price flips this zone, it could lead to a rapid move towards local highs, making it a critical point to monitor.

Trade here on $NXPC