-price hits support -price hits demand zone -bullish candles
The uptrend has not ended But the price needs to be reduced
- ABCD pattern AB= CD - Bullish candle - Double bottom - The correction wave has been completed Worst-case scenario : The price may drop around 1232. I will update
CORRECTIVE WAVES ZIGZAGS (5-3-5)
Potential bullish Head and Shoulders Don't buy now If you trade safely , let's see this level
shark pattern hit resistant trendline elliott wave
trading setup when price broke down channel
It looks like a falling wedge pattern Price is at the bottom of the pattern Price hit the support channels on both daily and weekly charts MACD is below zero Bullish or bearish ?
It can decrease before rising again Entry : 57 - 58 TP : 52 - 53
Price action at the support level : pin bar appears The pin bar formation is a price action reversal pattern that shows that a certain level or price point in the market was rejected.
Price reaction at the support level : full bar The uptrend will continue Using the lower time frames to get better entry points Buying on a pullback
The corrective wave is likely to end On daily chart: -The price has adjusted to the target price range Format : expanding triangle (ABCDE) -The harmonic pattern appears : bat pattern -False break at support level.It will eliminate most of the optimistic investors leaving the market. It makes us feel like the price will continue to fall On H4 chart: