It seems that a wave A has completed, and wave B has started from the point where we placed the green arrow on the chart.
This wave appears to be a diametric, and we are currently in its wave e.
The red zone is a supply zone that is fresh and untouched. This zone could complete wave e of B, leading us into wave f of B.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
This wave appears to be a diametric, and we are currently in its wave e.
The red zone is a supply zone that is fresh and untouched. This zone could complete wave e of B, leading us into wave f of B.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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With a sharp reaction to the identified supply, it dropped 12%, marking the end of wave e of B.
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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.