Usdt. D and the scenarios...
Frame 8h
We have couple of scenario and it may follow the yellow arrow on the daily chart
. We have a harmonic patterns and its explained on the chart
. We have a double bottom and the confirmation is to close at 8 hours frame
. We have the beginning of an upward channel from a downward trend, which gives us the possibility of an increased correction after the current retracement if it retraces.
. We will be in flux for a while until the path becomes clear
. The general trend on the 3-day and weekly frames is bearish
. By closing at 6.30% daily, the harmonic pattern on the daily will be confirmed as a bearish path, and it will complete a further decline.
All the best insha Allah
Speculators better pay attention
We have couple of scenario and it may follow the yellow arrow on the daily chart
. We have a harmonic patterns and its explained on the chart
. We have a double bottom and the confirmation is to close at 8 hours frame
. We have the beginning of an upward channel from a downward trend, which gives us the possibility of an increased correction after the current retracement if it retraces.
. We will be in flux for a while until the path becomes clear
. The general trend on the 3-day and weekly frames is bearish
. By closing at 6.30% daily, the harmonic pattern on the daily will be confirmed as a bearish path, and it will complete a further decline.
All the best insha Allah
Speculators better pay attention
Trade closed: target reached
I draw charts according to Volume 🔰
📌 Disclaimer: I do my best, but the market's unpredictability is a constant reminder of its untamed nature. Trade wisely and manage your risk. 🛡️
📌 Disclaimer: I do my best, but the market's unpredictability is a constant reminder of its untamed nature. Trade wisely and manage your risk. 🛡️