MORPHO Analysis (1D)

It appears that MORPHO is currently in wave B. This wave forms a bearish triangle, and it now seems to be in wave D of that triangle. The price may move toward the green box, provided that the red box is maintained.

A daily candle close above the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

Trade ativo

It reached our red zone and reacted to it several times, but it didn’t hit our invalidation level.

This analysis remains valid for the mid-term

Trade fechado: objetivo atingido

In the end, it dropped 34% from the specified zone and reached the green box.

To see our serial MORPHO analyses, tap on the replied analyses

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