It looks like a bullish diametric structure on SSV has likely come to an end. Price now appears to be entering a bearish phase of similar degree to the completed bullish structure, which suggests that SSV could remain in a bearish environment for several weeks.
We have identified a flip zone on the chart, which acts as a supply area. A retest of this level could trigger further downside movement in SSV, leading to additional drops.
Targets are clearly marked on the chart. At Target 1, it is recommended to move stops to breakeven to reduce risk.
In the red flip zone, entries should be taken gradually using a DCA (Dollar Cost Averaging) approach.
A daily candle closing above the invalidation level would fully invalidate this analysis.
We have identified a flip zone on the chart, which acts as a supply area. A retest of this level could trigger further downside movement in SSV, leading to additional drops.
Targets are clearly marked on the chart. At Target 1, it is recommended to move stops to breakeven to reduce risk.
In the red flip zone, entries should be taken gradually using a DCA (Dollar Cost Averaging) approach.
A daily candle closing above the invalidation level would fully invalidate this analysis.
Zlecenie aktywne
After hitting the marked supply zone, the price dropped more than 10%, and the first target was reached.
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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.