- This is a 4hour chart of KOMODO/BTC
- I see complete 5 wave structure with corrective pattern finished. Allows us to open new long position.
-MACD supports upward movement
-moving average confirms breakout
-targets are high confluence of i-ii of 3 fib ext & 1-2 ext
- Two stoplosses. The lower one will invalidate our wave count. Must be placed.
Good luck
- I see complete 5 wave structure with corrective pattern finished. Allows us to open new long position.
-MACD supports upward movement
-moving average confirms breakout
-targets are high confluence of i-ii of 3 fib ext & 1-2 ext
- Two stoplosses. The lower one will invalidate our wave count. Must be placed.
Good luck
Note
raise sl to 5440
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.
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.