Tiausdt trading opportunity

27 Kas 2023

Tiausdt appears to have completed a potential five-wave cycle and anticipates initiating a corrective phase in the form of an ABC pattern.

It seems the corrective phase A is concluded, positioning us for the development of corrective wave leg B. The significance of leg B lies in its interaction with a critical resistance zone. An upward breach could signal a bullish continuation, aligning with the target highlighted on the chart.

Personally, I've positioned a trade to capitalize on this anticipated corrective move.

Conversely, a failure to breach leg B may prompt a substantial decline to fulfill the corrective waves. The downward target aligns with a strong Order Block (OB) zone, speculated to initiate robust bullish momentum aimed at the same target.

Monitoring leg B's behavior will be pivotal for further market direction.

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Thanks

29 Kas 2023

İşlem aktif

Great analysis guys, price approaches strong supply/resistance zone. We should exercise patience to see what follow here. Booking some profit here is not bad.

Enjoy!!!

8 Ara 2023

İşlem kapandı: hedefe ulaştı