It seems that MORPHO is forming a symmetrical ascending pattern and is currently at the end of wave h.
Wave h could complete in the green zone.
You should wait for it to return to the green zone again.
The target is the red box.
Due to the high risk of this setup, once the invalidation level is touched, this analysis will be invalidated, and there will be no need to wait for a 4-hour candle close below this level.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Wave h could complete in the green zone.
You should wait for it to return to the green zone again.
The target is the red box.
Due to the high risk of this setup, once the invalidation level is touched, this analysis will be invalidated, and there will be no need to wait for a 4-hour candle close below this level.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
By hitting the entry range, it has pumped more than 32% so far
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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.