TURBO may become bearish

6 Ağu 2024

With the wave count of the total data we have on the chart, it looks like we have a large diametric on the chart that we are now in wave G of this diametric. In diametrics, the G wave is the final wave.

It seems that the structure of wave G is a triangle, and now we are in wave e of this triangle. Wave e in triangles is the final wave.

With these interpretations, it won't take long for TURBO to become a bear.

The targets are marked on the chart.

Closing a daily candle above the invalidation level will violate the 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

28 Ağu 2024

İşlem aktif

Finally, it reached our specified supply range and was rejected. The first target was hit and it dropped more than 25%.