Hi All,
Based on a few assumptions, with WAVE 5 completed and now a accumulation structure to take place for a reversal.
This chart is the most bullish I can think of with the ABCDE count.
Point E can be arguable as we can have a double bottom as well.
#AIOZ
Another trade option has been missed but could give another short setup using the RSI trend line support, and potentially a broadening wedge breakdown. Eg. below
All the best,
S.SAri
Based on a few assumptions, with WAVE 5 completed and now a accumulation structure to take place for a reversal.
This chart is the most bullish I can think of with the ABCDE count.
Point E can be arguable as we can have a double bottom as well.
#AIOZ
Another trade option has been missed but could give another short setup using the RSI trend line support, and potentially a broadening wedge breakdown. Eg. below
All the best,
S.SAri
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.