In time 1H, it is moving in an ascending channel.
💎 The last bullish leg after an unsuccessful break in the supply area of the previous wave has been corrected, which has extended to the green box.
💎 If the area is maintained, it can grow first to the middle of the channel to break the swing and then to the 2.24 range. In the future, it can continue this growth by maintaining the middle of the channel to the top of the channel.
💎 Alternative scenario: In addition, if the green box area is broken, it can continue the correction to the bottom of the channel and then to the range of $1.95.
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💎 The last bullish leg after an unsuccessful break in the supply area of the previous wave has been corrected, which has extended to the green box.
💎 If the area is maintained, it can grow first to the middle of the channel to break the swing and then to the 2.24 range. In the future, it can continue this growth by maintaining the middle of the channel to the top of the channel.
💎 Alternative scenario: In addition, if the green box area is broken, it can continue the correction to the bottom of the channel and then to the range of $1.95.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
»»»«««»»»«««»»»«««
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Related publications
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.