In this video, I break down why I posted the earlier chart (linked below).
After studying this pattern for hours, I finally decoded the Wave 2 correction for Wave C—just in time to take a long trade at support.
A solid protective stop is around $81,274, while a break above $82,759 offers partial confirmation.
The key confirmation level, however, is $88,788. Since that’s still quite far, AriasWave allows for early entries if the analysis proves accurate. Given the large 1-2 formation, I anticipate price moving close to all-time highs, but I’ll keep you updated along the way.
After studying this pattern for hours, I finally decoded the Wave 2 correction for Wave C—just in time to take a long trade at support.
A solid protective stop is around $81,274, while a break above $82,759 offers partial confirmation.
The key confirmation level, however, is $88,788. Since that’s still quite far, AriasWave allows for early entries if the analysis proves accurate. Given the large 1-2 formation, I anticipate price moving close to all-time highs, but I’ll keep you updated along the way.
Trade attivo
Looks like we may have one more low, I will explain in the next video. The last zig-zag was incomplete by the looks of it.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.