Updated
WAVES/USD
TF: 4 Hr
Really nice retracement to the 0.618 area along with some previous support now possibly turning resistance. Looks like a solid short here if price can hold under the trend line
Really nice retracement to the 0.618 area along with some previous support now possibly turning resistance. Looks like a solid short here if price can hold under the trend line
Note
Really solid rejection and a move downNote
Still moving down nicely, might see another drop after this consolidation around $2.50Note
maybe a bit more downside on this..Note
I am watching price to see if it reacts at the trend line again for a move further down or if it breaks and makes a wave to the upside
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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.