Logarithm. Time frame 1 week. Main trend.
Linear for clarity..
Previous closed learning/work idea on this asset. Published 09 2022
ALGO/USD Major trend. Accumulation/distribution
Local trend and this reversal zone is shown in the main trend now.
Price recovery from the recent squeeze. Consolidation and formation of triangle formation. High probability of reversal. First local targets shown.
Linear for clarity..
Previous closed learning/work idea on this asset. Published 09 2022
ALGO/USD Major trend. Accumulation/distribution
Local trend and this reversal zone is shown in the main trend now.
Price recovery from the recent squeeze. Consolidation and formation of triangle formation. High probability of reversal. First local targets shown.
Bình luận:
Bình luận:
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after the reversal, there is such fractality in trend development, only on a smaller scale (time is different).
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✅ YouTube (Rus): goo.su/vpRzRa2
High probability of reversal 🟢. First local targets are shown.
🔴 If stops on BTC are placed under the trend line and the whole market is falling locally - the triangle is broken down, the price first falls to the previous low, then (probability) to the lower zone of the descending channel.