Short

HNTUSDT

Updated
Hello friends

If the downward trend of the price is below the $5 range, the probability of forming a trend similar to the drawn scenario is high.
As long as the loss limit is respected, we can make a good profit.

What do you think?
Note
The purple range ($5.62) was valid for us if the correction trend was below $5.
Considering that the range of $5 has been maintained, we do not have the mentality to form a downward trend at the moment.
Trade active
Unfortunately, because the corrective trend was not below the $5 range, we did not enter the transaction, but according to the analysis and compliance with the loss limit, a downward trend was formed.
Trade closed: target reached
Chart PatternsharmonicpattermsHarmonic PatternsheliumHNTUSDTleftshoulderpriceactionpriceactionanalysissellsetupTrend Analysis

Also on:

Disclaimer