Technical analysis by The_ForexX_Mindset about Symbol SPELL: Buy recommendation (10/29/2024)

SPELL has two profit targets. I had to raise the Entry a little higher because the Red horizontal line has to be blue for entry. Red means no entry. Since I raised the entry price, I also raised the stop level. This is an actual weekly timeframe compressed by ATR into a 5-hour timeframe. ATR upper and lower bands give guidance as the prices travel in either direction. My true range candlestick indicator reads bullish confirmation.