MORPHO Analysis (2H)From the point where we placed the red arrow on the chart, MORPHO appears to be forming a complex corrective pattern similar to a diametric.
Wave E could complete within the red box, leading the price into wave F.
A daily candle closing above the invalidation level will invalidate this outlook.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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Neo Wave
check the trendGiven the price behavior in the current resistance range, possible scenarios have been identified.
It is expected that a trend change will form in the current resistance range and we will witness the beginning of a downward trend. If the slope of the downward trend is sharp, it can be a confirmation of the continuation of the downward trend.
ACT ANALYSIS (4H)ACT is in a major correction. This correction is a large-degree diametric. It now appears to have entered the bearish G wave.
The price is pulling back into zones where sell orders exist to complete wave G.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You