REZ analysis (4H)
Aggiornato
From where we entered "start" on the chart, the REZ correction seems to have started.
The pattern seems to be a diametric.
Now it looks like REZ is going to complete the F wave of this diametric.
If the price reaches the red range, we will look for sell/short positions.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
The pattern seems to be a diametric.
Now it looks like REZ is going to complete the F wave of this diametric.
If the price reaches the red range, we will look for sell/short positions.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade chiuso: obiettivo raggiunto
It didn't exactly reach our supply range, but our view on the REZ was correct and the wave structure we intended was formed.
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