It looks like BB has finished a wave A which was a triangle and is now in wave B which is a diametric.
It now appears to be inside wave e of B.
Wave A lasted about 53 days and was a triangle.
The time of wave B is expected to be at least equal to that of wave A, but because the pattern is diametric and more complicated than a triangle, this time may last until the 1.618 fibo of wave A, which means that the time of wave B may last up to 75 days.
It can drop by maintaining 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
It now appears to be inside wave e of B.
Wave A lasted about 53 days and was a triangle.
The time of wave B is expected to be at least equal to that of wave A, but because the pattern is diametric and more complicated than a triangle, this time may last until the 1.618 fibo of wave A, which means that the time of wave B may last up to 75 days.
It can drop by maintaining 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 active
It has dropped more than 21% since our entry range
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🔆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
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.