Broke the market structure
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https://www.tradingview.com/x/ejq0rojS/
this is not elliot wave theory, but just a simple market structure ( Higher High - Higher Low, Lower High lower Lower )
Point A-C and C-E are the Higher high. Point B-D is higher low = so this is uptrend untill
The price going fall from 30k to 18k and that move make Lower low, because the Price on point F lower than the price on Point D, this lower low makes the first sign of trend reverse
and after deeply analyss about suport and resistance, i predict the lower high will be form @21k after touch it the price will be make distribution on lower time frame and then will drop
this is not elliot wave theory, but just a simple market structure ( Higher High - Higher Low, Lower High lower Lower )
Point A-C and C-E are the Higher high. Point B-D is higher low = so this is uptrend untill
The price going fall from 30k to 18k and that move make Lower low, because the Price on point F lower than the price on Point D, this lower low makes the first sign of trend reverse
and after deeply analyss about suport and resistance, i predict the lower high will be form @21k after touch it the price will be make distribution on lower time frame and then will drop
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perfect wick candle rejection
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