MAVIA ANALYSIS (4H)

Mar 23

On the chart we have a bearish CH and lower Hs are still forming.

According to the conditions we have on the chart, the best ranges for sell/short are the ranges close to supply.

And the best range for buy/long is the demand range.

We specified an invalidation level for each of the upward movement and the drop movement. Closing a daily candle above and below these levels will violate the movements of this analysis

Apr 2

Trade active

It has dropped about 23% so far due to supply.

If you are in a sell/short position, change the stop to your entry

Apr 12

Trade active

Finally, it dropped 56% from the red box and reached the green box. We need confirmation and trigger to buy