If this pattern is an ending diagonal first we wait for the completion of the wave 5 zig zag and then we look for a break down below wave 4 to indicate that it is complete.
It is expected that the minimum move will be back to the start of the pattern at around $3848.
Entry: Could be $6418 or a pullback to be confirmed.
Minimum Target: $3848
Stop: To be confirmed.
It is expected that the minimum move will be back to the start of the pattern at around $3848.
Entry: Could be $6418 or a pullback to be confirmed.
Minimum Target: $3848
Stop: To be confirmed.
Note
This is where things get interesting.
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Claim Your Free AriasWave Access:
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or
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More info at ariaswave.com
Sign up to Phemex using this link: phemex.com/a/k/AriasWave
or
Sign up to MEXC using this link: promote.mexc.com/a/MTYtE94r
More info at ariaswave.com
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.