Attempting a EWT 5 count and corrective ABC for DUSK.
DUSK doesn't yet have strong long term S/R channel to validate the count, so I've used the Parallel channel for extra confluence.
ABC corrective levels are based on my Fibonacci Extension calculation. Targets are:
A ~ 1.009
B ~ 1.057
C ~ 0.99
When in trade I keep to a strict Risk Management plan and keep an eye on BTC
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
DUSKUSDT
DUSKUSDT.P
BYBIT:DUSKUSDT
DUSK doesn't yet have strong long term S/R channel to validate the count, so I've used the Parallel channel for extra confluence.
ABC corrective levels are based on my Fibonacci Extension calculation. Targets are:
A ~ 1.009
B ~ 1.057
C ~ 0.99
When in trade I keep to a strict Risk Management plan and keep an eye on BTC
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
DUSKUSDT
DUSKUSDT.P
BYBIT:DUSKUSDT
Comment:
Price came very close to Targets B and C
Target B reached 1.05 of the forecasted 1.057
Target C reached 0.991 of the forecasted 0.99
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Happy trades!
Target B reached 1.05 of the forecasted 1.057
Target C reached 0.991 of the forecasted 0.99
If you would like to see more charts like these, please like, follow and comment.
Happy trades!
Now the price is inching up to B, Volume and Level 2 looks good and I believe it's within reach.
This is NOT Investment and/or Trading Advice. DYOR