a short-term trading scheme based on a long-term perspective

Opinion: I made a trading plan by taking the mid- to long-term perspective (blue line) as mentioned earlier.

NOTE: Previous high point resistance line is STOP LOSS baseline

  • White Line: Ending Diagonal
  • Yellow line: abc corrective wave
  • Blue Line: A Mid-to-Long-Term Perspective
  • Red Circle: Good Place to Enter Selling Position Based on Mid-to-Long-Term Perspectives
  • Green Circle: A good place to switch based on a mid- to long-term perspective
Harmonic PatternsTechnical IndicatorsWave Analysis

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