🔍 Technical analysis: Valley Pattern - 1D
📣
MANAUSDT In the daily timeframe, the previous wave extended to the supply zone, after which it corrected to the golden zone, which has again encountered demand.
🟢 In the daily timeframe, a valley pattern has formed. As long as it is above the golden zone, it can retest the supply zone again.
💎If the first supply zone is broken, it can continue its growth to the next supply zone, which is the previous major ceiling, with a pullback to the broken structure, by the height of the valley.
⚠️Note: Note that the break of the golden zone and consolidation below it will likely lead to further correction to the green box.⚠️
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📣
MANAUSDT In the daily timeframe, the previous wave extended to the supply zone, after which it corrected to the golden zone, which has again encountered demand.🟢 In the daily timeframe, a valley pattern has formed. As long as it is above the golden zone, it can retest the supply zone again.
💎If the first supply zone is broken, it can continue its growth to the next supply zone, which is the previous major ceiling, with a pullback to the broken structure, by the height of the valley.
⚠️Note: Note that the break of the golden zone and consolidation below it will likely lead to further correction to the green box.⚠️
»»»«««»»»«««»»»«««
Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future.
Thanks for your continued support.🙏
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.