BOME / TetherUS
Short
Updated

BOME looks bearish

997
BOME seems to be forming a FLAT pattern.

The flat pattern consists of 3 ABC waves.

It seems that we are now in wave B of this flat. Wave B looks like a triangle, we are now in the last wave of this triangle (wave e).

The targets are clear on the picture.

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
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By hitting the red box, it dropped more than 41% and TP 1 and TP 2 were hit

snapshot

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