Short
WAVESUSDTPERP
By comparing the upward steps, we see the weakness in the trend and the strengthening of the downward steps, which led to the creation of a lower ceiling and floor, and now it has also broken its upward channel.
In the case of pullback to the broken area and creating a setup, it is suitable for the short position.
In the case of pullback to the broken area and creating a setup, it is suitable for the short position.
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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.