Waves

8 thg 4, 2023

Waves, clearly, is moving in an ascending channel; On it way making harmonic patterns. Now, price is at the bottom of the channel trying to build support zone. If the price can make another higher high and higher low, then it can be said that support zone is built at the bottom and reversal has happened. Let's see what happens.

1 thg 7, 2023

Ghi chú

As can be seen, WAVES been trying to build a support floor in order to start an impulse wave upward. So far so good; broke the minor downtrend triangle with a big and powerful candle. To be sure, we need to see price make at least 2 HH and HL and break above the horizontal area shown in the picture. Let's see what happens.

17 thg 11, 2023

Ghi chú

WAVE shows signs of reversal, but has not yet started its upward impulse wave. First, WAVE has to break the current triangle pattern in which oscillate. Let's see what happens.

8 thg 11

Giao dịch đang hoạt động

So, WAVE analysis is still the same but has changed a little bit. The big ascending channel got wider. Could WAVE repeat the two previous major upward waves and reach this channel's upper line? Let's see what happens.