The larger-degree APE pattern appears to be a large symmetrical triangle, and we are currently in the G wave of this pattern. The G wave is bearish, and within the G wave, we can also observe a smaller-degree symmetrical triangle.
It seems we are nearing the final leg of this pattern, and we expect one more drop from the red box. If the price reaches the green zone, we may have a low-risk opportunity to enter a buy position.
Potential targets are marked on the chart.
A daily candle closing below the invalidation level would invalidate this outlook.
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
It seems we are nearing the final leg of this pattern, and we expect one more drop from the red box. If the price reaches the green zone, we may have a low-risk opportunity to enter a buy position.
Potential targets are marked on the chart.
A daily candle closing below the invalidation level would invalidate this outlook.
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
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✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。