The big A and B waves are over. Now we seem to be in the big C wave, which looks like a bullish diametric.
We have drawn a box around large waves.
If we want to focus on the structure of the big wave C, we are now in wave c of this diametric.
Wave c of C is also a diametric, so now we seem to be in wave d of c. A bullish wave of e is expected to start from c soon.
The green range is a very important support that DYDX has retraced.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
invalidation level : 2.699
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
We have drawn a box around large waves.
If we want to focus on the structure of the big wave C, we are now in wave c of this diametric.
Wave c of C is also a diametric, so now we seem to be in wave d of c. A bullish wave of e is expected to start from c soon.
The green range is a very important support that DYDX has retraced.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
invalidation level : 2.699
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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