FXSUSDT Analysis - 05.05.22
Updated
Entry triggers: ending diagonal,
5 waves in
Entry: market price
TP: 27.10 ( around wave 4’s termination)
SL: 29.36
There is a possibility these are rising wedges, in which-case, waves are a-e instead of 1-5, otherwise this is a rare case of an ending diagonal, cause it’s often observed as a sub-wave to wave 5.
Trade with due diligence!
5 waves in
Entry: market price
TP: 27.10 ( around wave 4’s termination)
SL: 29.36
There is a possibility these are rising wedges, in which-case, waves are a-e instead of 1-5, otherwise this is a rare case of an ending diagonal, cause it’s often observed as a sub-wave to wave 5.
Trade with due diligence!
Trade closed manually
entry: 28.87exit: 27.66
lev: 10x
41.91%
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.