This analysis is an update of the analysis you see in the "Related publications" section
It now appears to be in the large wave F of a Diametric pattern. Currently, it seems to be in wave C of F, which is a bullish wave.
We expect it to move from the green zone to the red zone and then get rejected downward.
A daily candle close above the invalidation level will invalidate the bearish setup.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
It now appears to be in the large wave F of a Diametric pattern. Currently, it seems to be in wave C of F, which is a bullish wave.
We expect it to move from the green zone to the red zone and then get rejected downward.
A daily candle close above the invalidation level will invalidate the bearish setup.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
After hitting the green box, it pumped over 13% and reached the red box.⚠️ The market looks bullish, but until you get more confirmation and signals, do not enter a sell/short position.
Trade closed: target reached
Eventually, this bearish move happened with some noise, and the price dropped without hitting the invalidation level.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💎Join our Telegram channel for real-time crypto signals 👉 t.me/Behdark_EN
💎Exclusive analyses and signals you won’t find anywhere else only on our Telegram: 👉 t.me/Behdark_EN
💎Exclusive analyses and signals you won’t find anywhere else only on our Telegram: 👉 t.me/Behdark_EN
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.