HMSTR appears to be forming a diametric pattern, with wave F potentially completing in the red zone.
Wave F is a bullish wave, and the next wave, wave G, is a bearish wave.
To enter a position, create your own trading setup, meaning your entry and stop levels should be clearly defined.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Wave F is a bullish wave, and the next wave, wave G, is a bearish wave.
To enter a position, create your own trading setup, meaning your entry and stop levels should be clearly defined.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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✅ Join our Telegram channel to succeed in 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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.