Technical analysis by FlokiCrypto about Symbol JASMY: Buy recommendation (2/24/2023)

FlokiCrypto

Odin Zone. I can finally give away this awesome looking setup. With an astonishing 35:1 RR, this one is a no brainer. Keep in mind that this could take 2-3 weeks to play out, and we're not safe from the black swan event. So putting the SL will be super important, as well as having a plan B for if that SL hits: There are other entries to be had as well, the .786 zone has some confluence as well. Looking the macro count, where you can see I have the initial bearish move being done, with the 1st wave of the new impulse also done, barring a Black Swan event. If we zoom in a bit... we see the subwaves of C. So depending on whether C is a diagonal or an impulse, that will determine the timing of our entry hitting. I won't provide the exact numbers for the ideas here, you'll have to look on the chart. Safe trades to all, and don't forget your SLs.