Short
$WAVESUSD - Sell below the lower edge
Hi guys!
Waves bulls look exhausted, especially when looking at the last 2 candles of this chart.
All attempts to breakout from the channel were averted, hence I'm guessing the same is going to happen this time before the sharp fall.
The best takeaway here is to wait for the pair to break and close below the lower edge of the channel and short it.
Waves bulls look exhausted, especially when looking at the last 2 candles of this chart.
All attempts to breakout from the channel were averted, hence I'm guessing the same is going to happen this time before the sharp fall.
The best takeaway here is to wait for the pair to break and close below the lower edge of the channel and short it.
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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.