Short
Completed impulse wave, next correction wave with target 9.0
On weekly chart
WAVES $BINANCE:WAVESUSDT has completed a impulse wave at 63.88 with golden ratio 1.618 Fibonacci at the fourth wave 7.6
Right now, WAVES is retracing to 9.0 in the correction wave ABC.
The higher fifth wave surged from 7.42 to 63.88, we have a good support around 17 equal 0.618 Fibonacci Retracement. At this level, we can trading in lower timeframes.
This pullback is a huge chance to buy some WAVES for next waves.
WAVES $BINANCE:WAVESUSDT has completed a impulse wave at 63.88 with golden ratio 1.618 Fibonacci at the fourth wave 7.6
Right now, WAVES is retracing to 9.0 in the correction wave ABC.
The higher fifth wave surged from 7.42 to 63.88, we have a good support around 17 equal 0.618 Fibonacci Retracement. At this level, we can trading in lower timeframes.
This pullback is a huge chance to buy some WAVES for next waves.
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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.
Related publications
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.