Wave Analysis with price action and chart pattern trading >A potential bulltrap scenario with fake bb line breakout with d wave of expanding triangle in major wave III. > wave d - targeting at price rejection zone 1.0 - 1.272 fibonanci extension of wave a > wave e - tp1 small wave a of e correction pattern possible target 1 at 0.618 retracement of wave d @ ma50w zone > completed major wave IV correction, targeting wave e tp2 small c of e leg correction bearish scenario at 1.0- 1.272 of wave d @ ma200w to complete. > before moving into motive wave 5 @ 1.618 fibononci length of major wave I. 210 - 220 USD zone with an estimated +60 - 70% upside.
Always trade with affordable risk and respect your stoploss! Good Luck
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