Elliott Wave Analysis.
The 5the wave was not truncated it was just turned into an flat correction. A small low till $75-$77 is expected before a bounce back.
This entire fall was indicating the 2nd Wave of the entire previous impulse 1st Wave.
once the fall was over then there will be a good impulse.
Your comments are most welcomed.
This is an elliott wave analysis.
A reasonable pullback had occurred.
we can start accumulate from here.
we can average further if it goes around $8 - $9.
With low risk and high reward.
i'm not a semi registered advisor.
I'm sharing my personal view.
Kindly post me comments if you people have any queries.
Your doubt will be cleared accordingly.
ABNB has seen a rapid fall in the recent past.
Currently, the price is taking support from the 61.8% of fib level which also happens to coincide with a strong Order Block.
On the hind side the price is trading below 200 EMA on all the timeframes starting from 4 hours, it is to be noted that the price has taken support from 200 EMA of the daily timeframe.
Hello guys i had find this high RR quick trade in jp morgan it has made double top and breaking structure we can sell from here for the above sl and below support tg also do your own analysis before taking any position thank you
Hello guys i had find this setup in 1h timeframe which is made double top and also broken trendline with market structure we have a good selling opportunity from here with above resistance sl and below support target also plzz do your own analysis before taking trade if you like my analysis plz like share and follow thank you
Hello guys i had find this setup which had made double top in 1D timeframe and broken trendline in 1h timeframe which is giving good opportunity to short from this level with above resistance sl and tg at below support also plzz do your own analysis before taking any trade if you like my analysis plzz like share and follow thank you
Hello guys i had find this setup in 4h timeframe which making double top and 15m timeframe broken structure we have good selling opportunity with above sl and tg at near support also before taking any position plzz do your own analysis thank you