I think NKN will hit the hourly supply area first and from there it will allow for the first short trade. Here I guess that a possible Butterfly harmonic formation will form the C point. Therefore, I suggest that the short position to be opened can be kept up to the demand region in the daily time frame, which also coincides with the D point of the harmonic. Afterwards, we can open a long trade from D point and determine the Fibonacci 0.5 and 0.618 values ​​of the interval between CD as profit taking points. Of course, it is necessary not to open both short and long transactions without a stop.

YTD

Soruce : https://tr.tradingview.com/chart/NKNUSDT.P/UKBXvYPg/