ETCUSDT | Wave Projection TFW Ending Diagonal Breakout Setup
Wave analysis with price action & chart pattern bullish outlook - a potential ending diagonal breakout setup
> The weekly price with triangle pattern and candlestick squeezed between EMA 200 week zone and potentially breakout near the apex zone.
> Now with multiple false breakdown, possible pinbar long entry setup pattern.
> Target Zone: 0.618 - 0.786 Fibonanci retracement - Volume profile point of control area + 80% upside
> Stoploss Zone: previous low with a pinbar looks like the right shoulder of a mega inverted Head & Shoulders -20%
> RRR: 4:1
RSI TFW bullish signal - uptrend above MA and squeezed below 50.
> The weekly price with triangle pattern and candlestick squeezed between EMA 200 week zone and potentially breakout near the apex zone.
> Now with multiple false breakdown, possible pinbar long entry setup pattern.
> Target Zone: 0.618 - 0.786 Fibonanci retracement - Volume profile point of control area + 80% upside
> Stoploss Zone: previous low with a pinbar looks like the right shoulder of a mega inverted Head & Shoulders -20%
> RRR: 4:1
RSI TFW bullish signal - uptrend above MA and squeezed below 50.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.