HFT is inside a falling pattern
Updated
By examining the waves, it seems that we are inside a triangle or diametric, which is inside wave C of this hypothetical pattern.
Wave C is a symmetrical pattern, which now seems to be in the falling g wave of this symmetrical pattern.
Look for sell/short positions in resistance areas.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Wave C is a symmetrical pattern, which now seems to be in the falling g wave of this symmetrical pattern.
Look for sell/short positions in resistance areas.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade closed: target reached
After hitting the resistance box, it dropped 18%
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