Commencez
firmestudio

BNB c-wave failure plus CMF bear divergence

Short
Binance Coin / TetherUS (BINANCE:BNBUSDT)  
firmestudio Mis à jour   
BINANCE:BNBUSDT   Binance Coin / TetherUS
Centered Oscillators Parallel Channel Elliott Wave Fibonacci Retracement 146 7070 786 Fibonacci Retracement cwave parallelchanel beartrend waveprinciple
10
4
centeredoscillator parallelchannel elliottwaves fibonacciretracement 146 7070 786fibonacciretracement cwave parallelchanel beartrend waveprinciple
BNBUSDT is heading a potential downward leg to complete iv-wave of this channel. On the 4H chart we can see a strong bearish correlation between the price action and Chaikin Money Flow bearish divergence, in which we have a c-wave failure case. The next demand zone is confluent with the Fibonacci retracement projection.
Transaction en cours:
Commentaire:
Commentaire:
Potential scenario in case of price action sustains the channeling formation 5-3-5-3-5, leading to complete the wave -A.
snapshot
Commentaire:
Commentaire:
Fisher Transform provides a reasonable sense of time to plain a swing trading position. In this case, we can speculate a good point to expect for the wave -iii terminus to take profit. Thus, a lower high will be formed at wave -iv, in which peak price can be consider a new level for a second sell position.
snapshot
Commentaire:
Commentaire:
Commentaire:
How much profitable will be the wave -iii?
snapshot
Transaction en cours:
Commentaire:
Levels to watch. 1st TP at the local support (circle) is on the table.
snapshot
Commentaire:
Commentaire:
Commentaire:
Likely a bull trap.
snapshot
Commentaire:
Commentaire:
Commentaire:
Commentaire:

Idées en relation

firmestudio
BNBUSDT up-to-date expanding ending
firmestudio
BNBUSDT ABCD projecting final downward wave-v
firmestudio
BNBUSDT Bearish Impulse
firmestudio
BNBUSDT Short position in updated levels
firmestudio
BNBUSDT 5% drawdown channeling H&S
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.