Technical analysis by pasa0661 about Symbol AGIX: Buy recommendation (4/10/2024)

Support and resistance channels on Agix's 2-hour chart are as shown in the figure. The entry level is the bottom of the buying candle that created a new local peak (1.0067 ..). Tp (Take profit) is the peak where there is no sale. (1.3401) SL (Stop loss) is the stop of the bottom that makes the top. (0.9868) Ultimately, this is a trading transaction. It is not a position like Elliot's. (Add, subtract, etc.) You either win 33% or lose 2%.. Your (R/R) Risk / Reward ratio is 16.75. You can think of it just like a 1/0 or 2/0 match with 16.75 odds in Iddaa. It would be nice if it comes ;) Happy Eid to everyone...