Technical analysis by karmatseringhyolmo about Symbol AKT: Buy recommendation (12/14/2024)

AKT Trade Setup: Risk-to-Reward Ratio 4Entry: cmpTake Profit (TP): 4.27Stop Loss (SL): 3.567Timeframe: 4HTechnical Confluences:Fibonacci Golden Pocket: Price aligns within the golden pocket zone, increasing the probability of a reaction.4H Order Block Tap: Entry is based on a retest of a high-probability demand zone.Risk-to-Reward Ratio: 4Trade Plan:Enter at cmp after confirming bullish reactions from the order block.Target profit at 4.27, aligned with resistance Protect capital with a stop loss at 3.567, just below the order block and invalidation level.Disclaimer:This analysis is for educational and informational purposes only. Trading in financial markets involves significant risk and may result in the loss of your invested capital. Ensure proper risk management and trade only with funds you can afford to lose. This setup is not financial advice.