Wave 4 Respects The Supply Zone
As mentioned in the previous post, the 4th wave was in progress until it reached the supply zone.
The price has extended a little bit above the zone but a double top has been created on the 1 hour frame with a second top lower than the first one and a good divergence is shown on the RSI.
If the price breaks the nick line (with a full candle on the 4 hours chart) then I expect it to fall to the next moving average or swing low
YOU ARE RESPONSIBLE FOR YOUR RISK MANAGEMENT BE VERY CAREFUL
The price has extended a little bit above the zone but a double top has been created on the 1 hour frame with a second top lower than the first one and a good divergence is shown on the RSI.
If the price breaks the nick line (with a full candle on the 4 hours chart) then I expect it to fall to the next moving average or swing low
YOU ARE RESPONSIBLE FOR YOUR RISK MANAGEMENT BE VERY CAREFUL
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.