From where I entered "Start of correction" our corrective diametric has started.
Our corrective pattern is a diametric. We now seem to be in wave E of this diametric.
Supply and Demand ranges are large ranges. Therefore, I tried to optimize them.
If the price reaches the optimized resistance zone, we will look for Sell/Short positions.
The price is expected to reach the red box and then accumulate the liquidity pool that I have shown in $$$ and reach the green area.
I have also done the labeling of each corrective branch of this diametric to make the structure clearer and more understandable.
Where I put red/green arrows are the ends of the corresponding branches of this diametric
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Our corrective pattern is a diametric. We now seem to be in wave E of this diametric.
Supply and Demand ranges are large ranges. Therefore, I tried to optimize them.
If the price reaches the optimized resistance zone, we will look for Sell/Short positions.
The price is expected to reach the red box and then accumulate the liquidity pool that I have shown in $$$ and reach the green area.
I have also done the labeling of each corrective branch of this diametric to make the structure clearer and more understandable.
Where I put red/green arrows are the ends of the corresponding branches of this diametric
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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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.