1 The bearish trend has break out 2. Try to finish the correction phase 3. Made Bearish Flag
the impulsive wave which is first wave is over (1) and want to make the corrective wave (2) after that waiting for the longest impulsive wave (3) and divergent happening in RSI
Corrective wave 2 has ended and the next wave is wave 3 which is the longest impulsive wave
Correction wave is over, start the longest impulse wave
1. Correction wave is over 2. Trendline breakout 3. Hit strong support TP1 0.9150 TP2 1.0125
My Argument: 1. zig-zag correction is over 2. Hit the support 3. try to make an impulsive wave 4. RSI Divergence 5. Fib 76.40% SL 47.14 TP1 65.00 TP2 89.5
My Argument: 1. zig-zag correction has over 2. Hit the support 3. try to make an impulsive wave SL: 2.973 TP1: 6.700 TP2: 11.200
My Argument: 1. wave 4 is over 2. Hit the support i try to make fibonacci overlay to get safety area target
My Argument: 1.Wave 4 is over, we can see the flat correction completely created and now continues to make 5 wave impulsive. 2. Hit strong support.
My Argument : 1D Time Frame: 1.The Chart in correction phase, try to finish the correction 4 2. Hit the Support 4H Time Frame: Wave B has finish now, and make the correction C in the zig-zag correction
My Argument: 1. Hit strong resistance trendline 2. Wave 3 is over
My argument: Wave 4 is over The chart hit the support Trendline and support clasic
As you can see, the chart try to make correction wave 4. after that continues make impulsive 5 4H Time frame
Currently FTMUSDT in the Correction Phase, and now i think the chart will make zig-zag correction on near future
Now the chart make wave correction 4 and then continues to make the impulsive 5
The correction continues to make a Flat and triangle correction.
in the daily chart, we can see the price try to make the last impulsive wave or the wave 5 and then continues to turn down make a big correction. i measure the target/reversal level using Fibonacci but you can use the trend line also.
the chart show us the correction ABC was over and try to make 5 impulsive wave.