Hello everybody
According to the chart and previous analysis, we shown on chart 3 zone that is the support zone of the price and the point of swing can be happen in there zone.
In here exactly first support zone was activated exactly.
We need to have correction of our breakwave that make ATH in here we have a wave that we can say it can be A or ABC both of the is correct and the acceptance of that to know which one we should name it is if the price can break this first support zone below the name of the wave is A and we are going to complete wave C and if the price rise up from here and can break the resistance zone at the top (ATH) we name it ABC.
Because of the movement that is hard to say which scenario can be happen we shown on chart that you can but 1 step in first support and if the second scenario happend you can buy in other support zone area to reduce average purchase.
This is analysis and you can entrance in position and spot trading with your own analysis and capital management this is just view of the analysis for helping anyone.
Good Luck
Abtin
Previous analysis :
According to the chart and previous analysis, we shown on chart 3 zone that is the support zone of the price and the point of swing can be happen in there zone.
In here exactly first support zone was activated exactly.
We need to have correction of our breakwave that make ATH in here we have a wave that we can say it can be A or ABC both of the is correct and the acceptance of that to know which one we should name it is if the price can break this first support zone below the name of the wave is A and we are going to complete wave C and if the price rise up from here and can break the resistance zone at the top (ATH) we name it ABC.
Because of the movement that is hard to say which scenario can be happen we shown on chart that you can but 1 step in first support and if the second scenario happend you can buy in other support zone area to reduce average purchase.
This is analysis and you can entrance in position and spot trading with your own analysis and capital management this is just view of the analysis for helping anyone.
Good Luck
Abtin
Previous analysis :
