Mono Wave

In This Chart Pattern Example I have Visually Represented Mono Wave identification

Friends its Important to note the behavior of Price along the side of its movement is

important , as a single strong move on daily suggest the movement is Mono Wave or Representation of fast displacement of price

Now its also important to note which part of the move is not having the character of Mono wave

That part should be considered as time consuming pattern or ideally know as correction in between the momentum

They also represent the expansion making new high with evidence of weak price move

suggesting its an weak move before the required time bond correction complete

This is education content

I hope you like it if you do then please hit the like button stay tuned subscribe to get more such content

Good luck