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BBUSD

BB Update (4H)From where we placed the red arrow on the chart, it seems that the BB correction has started. We have an ABC or more complex bearish pattern on the chart and we are now in wave B of this bearish pattern. Wave B looks like a diamond diametric as we are now in wave e of this diametric. From the red range, the price can move towards the lower ranges, heavy rejection. Closing a daily candle above the invalidation level will violate this analysis and view. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
BB looks bearish (12H)It looks like BB has finished a wave A which was a triangle and is now in wave B which is a diametric. It now appears to be inside wave e of B. Wave A lasted about 53 days and was a triangle. The time of wave B is expected to be at least equal to that of wave A, but because the pattern is diametric and more complicated than a triangle, this time may last until the 1.618 fibo of wave A, which means that the time of wave B may last up to 75 days. It can drop by maintaining the supply range. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Short
by behdark
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