Updated
UNFI is completing a bearish triangle
From where we put the red arrow on the chart, it seems that the UNFI correction has started, which is an ABC or more complicated pattern.
Wave A is over and now we are in wave B, which looks like a triangle pattern.
Now we seem to be in wave d of B.
From the lower red box, the price can move towards the green box.
In the green range, wave d of B can end and we can enter wave e of B.
We are looking for sell/short positions in the supply range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Wave A is over and now we are in wave B, which looks like a triangle pattern.
Now we seem to be in wave d of B.
From the lower red box, the price can move towards the green box.
In the green range, wave d of B can end and we can enter wave e of B.
We are looking for sell/short positions in the supply range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
After hitting the red box, it dropped more than 29%Trade active
The waves are not joking with anyone.It dropped more than 45% when it hit the red range.
The momentum of the fall is high, so don't be in a hurry to buy, let's see the return patterns
Trade active
By hitting the green range, (even though it had the news of removal from the Binance exchange), 52% was pumped.
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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.