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Waves

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BINANCE:WAVESUSD   Waves
Strong uptrend yesterday followed by healthy retracement which has support along the to of the slope.
The first target is the parallel line drawn above the slope.

Komen:
Slope is working even on one minute chart
This is an Andrews pitchfork drawn from November low but shifted slightly to capture price movement

Komen:

Note 2.36 seems to be a significant level. One strategy is to take profit here and reenter when this line becomes support
From the daily chart we can see that rounded and W shaped bottoms have occured before
Remember we are in a very bearish market so do not expect huge moves (that do not retrace promptly).
Dagangan aktif:
enter at 2.10
stop 1.99
Penafian

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