Long

🔥 WAVES Reversal Completed: Bullish Price Action Ahead

1 870
Two weeks ago I made an analysis on WAVES. Here I discussed that the bearish trend was likely to continue and indicated an area of reversal.

🔥 WAVES Bearish Break Out From Channel


With the price reaching around half-way into the reversal area, some nice opportunities for entries were had.

With WAVES taking out the resistances around $22.30, we can safely say that the reversal is completed and that more bullish price action is coming our way. Targets placed at recent areas of importance, $24.50 and $27.

Happy trading!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.