Long
WAVES can make 50% from here
WAVES broke the longterm trendline. After being consolidated above this trendline, WAVES seems bouncing soon.
It's likely that a H&S pattern is going to be formed.
With this scenario, I think that WAVEs would make 50% profit from here.
The referenced TP is the MA 200D level and the SL should be below EMA 50D.
Note
WAVES has increased 15% since entry although BTC is going sideway.Prices are at the neckline of an inverted H&S...
Note
WAVES is leading the market. The breakout of the neckline is niceNote
A H&S pattern was formed . The neckline had been broken and successfully retested.WAVES is going up toward the target
Note
WAVES strongly bounces today. Let's see if target would be reached soonNote
WAVES is moving again. May be the last move to target?
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Publications connexes
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.