From the point where we placed the red arrow on the chart, it appears that SAGA's correction has begun.
This correction seems to be either a diametric or a symmetrical pattern. Now, considering the extended duration of wave C, its relative comparison with the other waves, the heavy drop, and the formation of a demand zone at the bottom, wave C seems to have ended.
A rebuy can be considered on the pullback to the green zone.
The targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
This correction seems to be either a diametric or a symmetrical pattern. Now, considering the extended duration of wave C, its relative comparison with the other waves, the heavy drop, and the formation of a demand zone at the bottom, wave C seems to have ended.
A rebuy can be considered on the pullback to the green zone.
The targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
It was analyzed from the price of 0.2667 and has since pumped 33% sharply
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🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
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.