MAVIA ANALYSIS (4H)
Updated
On the chart we have a bearish CH and lower Hs are still forming.
According to the conditions we have on the chart, the best ranges for sell/short are the ranges close to supply.
And the best range for buy/long is the demand range.
We specified an invalidation level for each of the upward movement and the drop movement. Closing a daily candle above and below these levels will violate the movements of this analysis
According to the conditions we have on the chart, the best ranges for sell/short are the ranges close to supply.
And the best range for buy/long is the demand range.
We specified an invalidation level for each of the upward movement and the drop movement. Closing a daily candle above and below these levels will violate the movements of this analysis
Trade active
It has dropped about 23% so far due to supply.If you are in a sell/short position, change the stop to your entry
Trade active
Finally, it dropped 56% from the red box and reached the green box. We need confirmation and trigger to buy
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