This is an update to the analysis you see in the "Related Ideas" section
The previous scenario is still valid.
We have a large diametric that we are in wave D of which we also reached the green range of the previous analysis and the price reacted to this support range.
But the point is that the time of the D wave cannot end so soon.
From the specified supply, we expect a downward price rejection.
Between the two vertical lines on the chart (on August 24 to September 25), wave D can end and the price can enter bullish wave E.
Closing a candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
The previous scenario is still valid.
We have a large diametric that we are in wave D of which we also reached the green range of the previous analysis and the price reacted to this support range.
But the point is that the time of the D wave cannot end so soon.
From the specified supply, we expect a downward price rejection.
Between the two vertical lines on the chart (on August 24 to September 25), wave D can end and the price can enter bullish wave E.
Closing a candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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Free membership: t.me/Behdark_EN
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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.
🔆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
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.