A lot of data is now available on the rising pattern of ROSE. It appears that a large triangle has been completed, which was our wave B.
With the break of the B-D trendline, the triangle is now finished, and we are currently in wave C. Wave C is bearish and should take more time than the large wave A.
ROSE is expected to remain bearish for the next few months, but keep in mind that before the drop, it may pull back to the multi-week supply zone.
Let’s see how it plays out.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
With the break of the B-D trendline, the triangle is now finished, and we are currently in wave C. Wave C is bearish and should take more time than the large wave A.
ROSE is expected to remain bearish for the next few months, but keep in mind that before the drop, it may pull back to the multi-week supply zone.
Let’s see how it plays out.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
🔆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.
🔆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.