CompoundUpdated

A look at COMP waves (1D)

It seems that COMP is currently in wave D of a complex pattern.

Wave D appears to be a diametric, and we are now in the early stages of wave E of this diametric.

By maintaining the green zone, it can move toward the red box.

The first target is $99, and the second target is $114.

Closing a daily candle below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade closed: target reached
It was analyzed at the price of 62.439 and has since pumped by over 84%.

Avoid looking for sell/short positions

snapshot

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