AVAX is moving in bearish trend and could not break the HHs and currently break the previous HLs and forming Harmonic Pattern so we can take a short trade on CMP and wait for the TP-2, and also check if any bullish divergence formed on 1hr or 30mint time frame, if any bullish divergence is formed on mention time frame we must be closed over short trade and take a long/buy trade.
Trade active
TP-1 Hit, move SL to breakeven point and move TP to TP-2Note
AVAX moving down trend move ur SL to TP-1 and wait for the TP-2Trade closed: target reached
Both TPs Hit.
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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.