Waves
MATICUSDT The loss of the defined support floor can be followed by the beginning of the 3rd wave of price reduction.
INFOSYS, TECHNICALS and its WAVES!!INFOSYS is showing a RSI DIVERGENCE, with H&S.
i have drawn correction waves, after that it needs to get its bull run, since from past few days, nifty IT, IS getting corrected a lot, because of American news, so this made its bearish trend to continue, and reach its support(which started before the bull run).
this month will be a bearish nature of INFOSYS.
Channel, Support, High & LowIn this chart you can see the Channel in which we are and the price playing in triangle form
Along with that you can see the channel high and the lows of it which we are expecting
Support is 1677 which is strong and most of the time from year 2020 its bouncing back for upperside.
Let see if this time it breaks or not.
Trading opportunity for long position WAVESUSDTBased on technical factors there is a Long position in :
📊 WAVESUSDT
🔵 Long Now 4.39
🧯 Stop loss 3.85
🏹 Target 1 5.00
🏹 Target 2 5.83
🏹 Target 3 6.85
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
US 100 LONG hello traders
There is a demand area that is overtaken by the price. The price is expected to rise above the area to execute unexecuted buy orders
There is an important support and resistance area
Accumulation occurs above the support and resistance level and below the consumed demand area
If the price breaks the consuming demand zone, I think it will be a buying opportunity to target supply zones