In lower and smaller timeframes, it appears that USDT dominance has entered a correction. This correction started from the point where we placed the red arrow on the chart.
It seems that the candles are currently in wave B.
A bearish wave C is expected, which could push the candles toward the TP levels.
The closure of a 4-hour candle 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
It seems that the candles are currently in wave B.
A bearish wave C is expected, which could push the candles toward the TP levels.
The closure of a 4-hour candle 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
Trade closed manually
It was rejected by about 2% from the previous supply zone, but instead of a triangle or a diametric, it seems we have a symmetrical pattern. We will update this index in the next analysis.
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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.