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Morphobtc

MORPHO Rebuy Setup (12H)From the point where we placed the red arrow, it appears that the bullish MORPHO wave has ended, and the price has entered a corrective phase. This phase could be a diametric or symmetrical pattern. Wave G is expected to complete within the green zone. We anticipate a return of 30% to 50% from the green zone. A daily candle closing below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
MORPHO buy setup (4H)It seems that MORPHO is forming a symmetrical ascending pattern and is currently at the end of wave h. Wave h could complete in the green zone. You should wait for it to return to the green zone again. The target is the red box. Due to the high risk of this setup, once the invalidation level is touched, this analysis will be invalidated, and there will be no need to wait for a 4-hour candle close below this level. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark