Wave Analysis with price action and chart pattern trading
>A potential bulltrap scenario with fake bb line breakout with d wave of expanding triangle in major wave III.
> wave d - targeting at price rejection zone 1.0 - 1.272 fibonanci extension of wave a
> wave e - tp1 small wave a of e correction pattern possible target 1 at 0.618 retracement of wave d @ ma50w zone
> completed major wave IV correction, targeting wave e tp2 small c of e leg correction bearish scenario at 1.0- 1.272 of wave d @ ma200w to complete.
> before moving into motive wave 5 @ 1.618 fibononci length of major wave I. 210 - 220 USD zone with an estimated +60 - 70% upside.
Always trade with affordable risk and respect your stoploss!
Good Luck
>A potential bulltrap scenario with fake bb line breakout with d wave of expanding triangle in major wave III.
> wave d - targeting at price rejection zone 1.0 - 1.272 fibonanci extension of wave a
> wave e - tp1 small wave a of e correction pattern possible target 1 at 0.618 retracement of wave d @ ma50w zone
> completed major wave IV correction, targeting wave e tp2 small c of e leg correction bearish scenario at 1.0- 1.272 of wave d @ ma200w to complete.
> before moving into motive wave 5 @ 1.618 fibononci length of major wave I. 210 - 220 USD zone with an estimated +60 - 70% upside.
Always trade with affordable risk and respect your stoploss!
Good Luck
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.