Descending LL No -Overlap Support and Resistence with Candle view
Descending LL and No -Overlap How it worked for the new rise after crossing the level
I have explained how you should be able to justify and what should be the approach I have Explained in alternative charting system if you have Questions then please ask in the comment below Good luck
ETH/USD at 1840. Wave 1 : Starting from 1620 to 1940 Wave 2 : 38.2% retracement @ 1815 If it is deep then we may see 1744. Wave 3: If we consider wave 2 is completed and wave 3 is begun then 2550-2650 is the Target for wave 3 . Analysis by Bharat Kumar on 29th June 2023
Wavecount indicating bearish Target 450 stop anywhere above 950
Accumulation until 281 - 293 In the coming days All triggers are set
if the price break through in one one or two trading sessions then an upside of 14% is possible .it will reach 25600. a cup and handle formation can be seen
AFTER seeing a good bullish break in ZOMATO price gives a good rally now price is correcting second time after giving a good impulsive move, in upcoimg days bullish entry can be seen <3
Buy above high of breakout candle at 447.55 stoploss at 424.9
Buy above high of breakout candle at 852.1 stoploss at 823.95
Buy above high of breakout candle at 1270.05 stoploss at 1199.95
Buy above high of breakout candle at 13472.05 stoploss at 12824.95
Buy above high of breakout candle at 186.05 stoploss at 176.65
Sell below low of breakdown candle at 1569.55 stoploss at 1638.05
Buy above high of breakout candle at 118.65 stoploss at 104.85
Buy above high of breakout candle at 58.55 stoploss at 54.55
It is likely to go up now as abcde wave is completed. Let us see this time if it is breaking contracting triangle.
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