MOCA is at the end of its trend (2H)
From the point where we placed the green arrow on the chart, MOCA appears to have formed a large triangle.
It seems that wave C of the large triangle is a double combination, and we are currently in the second part of this combination, which is itself a triangle.
At present, we appear to be in wave c of this smaller triangle. Wave c also seems to be a diametric, and we are now in the final stages of this diametric.
It could reject downward from the red zone.
The closure of a 4-hour candle above the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
It seems that wave C of the large triangle is a double combination, and we are currently in the second part of this combination, which is itself a triangle.
At present, we appear to be in wave c of this smaller triangle. Wave c also seems to be a diametric, and we are now in the final stages of this diametric.
It could reject downward from the red zone.
The closure of a 4-hour candle above the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Nota
Timeframe is 1H
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
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.