Price is going through an ABC corrective wave move after the completion of the motive impulsive wave.
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Price reversed from a support zone after the completion of impulsive wave A leg, and it has the potential to move up towards the confluence of resistance to complete the B leg of the corrective structure.
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Once price completed the potential B leg of the wave, we might see a strong bearish move towards the completion of impulsive C leg of the corrective ABC structure.
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Kindly follow me on Instagram @TheKissForex for more trade setups.
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Thanks for reading!
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Price reversed from a support zone after the completion of impulsive wave A leg, and it has the potential to move up towards the confluence of resistance to complete the B leg of the corrective structure.
.
Once price completed the potential B leg of the wave, we might see a strong bearish move towards the completion of impulsive C leg of the corrective ABC structure.
.
Kindly follow me on Instagram @TheKissForex for more trade setups.
.
Thanks for reading!
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.