In this video, I analyze the latest count of the ongoing Wave A corrective pattern.
I discuss various scenarios, with a primary focus on a downward movement from current levels. My preferred scenario anticipates a decline to .00785.
Previously, I shared a chart suggesting the potential peak of Wave E, but it appears that it was actually Wave E of Wave 2 within the final downward move.
To hedge against potential losses if the price rises, consider shorting with a stop level at .01190; a break above .01198 indicates a potential upward movement before reversing.
This area warrants close attention. Confirmation of the downward move will occur with a breach of the lows at .01019.
I discuss various scenarios, with a primary focus on a downward movement from current levels. My preferred scenario anticipates a decline to .00785.
Previously, I shared a chart suggesting the potential peak of Wave E, but it appears that it was actually Wave E of Wave 2 within the final downward move.
To hedge against potential losses if the price rises, consider shorting with a stop level at .01190; a break above .01198 indicates a potential upward movement before reversing.
This area warrants close attention. Confirmation of the downward move will occur with a breach of the lows at .01019.
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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.
Penerbitan berkaitan
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.