AVAX SHORT SET UP IDEA. 08/05/2022

Using leading indicators to predict the next leg of the trend direction.

Using Elliot Wave, Fibonacci Extension, Structural Areas of the Trend Direction and HTF Daily 9EMA value on the 6H chart.

Yorum:

As per 17:50 09/05/2022 we was proved right with another bearish setup. People who are bullish are the people who you will sell to when your trade **** up.

When price broke minor support this shows supply is completely out weighting demand on this chart.

we action when the balance shifted at the minor support at 51s :)