AUCTION / TetherUS
Updated

Auction analysis (4H)

470
From the place where we put a red arrow on the chart, the AUCTION correction has started.

This correction seems to be a diametric.

We now seem to be in wave F of this diametric.

We are looking for sell/short positions in the supply range.

Closing a daily 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
Trade closed: target reached
The desired move was made
snapshot

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.