It looks like we have a big diametric on the daily time that we are now at the end of wave E.
As you know, MEW is a highly volatile symbol and it can easily reverse the bullish wave it created, so control the risk.
Get trigger and approval for your trades.
The best range to sell is the red range.
Closing a daily candle above the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
As you know, MEW is a highly volatile symbol and it can easily reverse the bullish wave it created, so control the risk.
Get trigger and approval for your trades.
The best range to sell is the red range.
Closing a daily candle above the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
The structure and wave count for MEW have been correct. Wave E, due to the hype around meme coins and FOMO, hunted some of our supply but eventually resulted in a descending triangle.It seems that MEW is now in wave F of this diametric.
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Disclaimer
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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.