Locally, there is no breakdown of the structure for short positions.
We came to the premium level, formed HH,HL,HH,HL - 4 waves.
There is a possibility of going in the 5th wave to complete the movement.
Entry is at the current price.
Stop: $0,125
Take: $0,17
We came to the premium level, formed HH,HL,HH,HL - 4 waves.
There is a possibility of going in the 5th wave to complete the movement.
Entry is at the current price.
Stop: $0,125
Take: $0,17
Note
Update: The profit has been taken, the deal is closed.I see 2 further scenarios, but I will not trade, since there are no obvious formations.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.