Before anything else, pay attention to the timeframe | it's a higher timeframe and will take time.
The higher timeframe structure of ARB is honestly not that bullish. In this scenario, we’ve considered the entire correction | starting from where the red arrow is placed on the chart | as a diametric/symmetrical pattern.
From a time perspective, wave E has not yet completed, and it is expected to finish somewhere between the two vertical lines. Wave E here is a bearish wave.
If the price pulls back and reaches the green box, we can look for a buy setup in that area.
A 3-day candle closing below 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
The higher timeframe structure of ARB is honestly not that bullish. In this scenario, we’ve considered the entire correction | starting from where the red arrow is placed on the chart | as a diametric/symmetrical pattern.
From a time perspective, wave E has not yet completed, and it is expected to finish somewhere between the two vertical lines. Wave E here is a bearish wave.
If the price pulls back and reaches the green box, we can look for a buy setup in that area.
A 3-day candle closing below 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
Zlecenie aktywne
When it reached the area between the two time lines and touched the green zone, it pumped over 73%.The specified price and time zones worked perfectly.
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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
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.