Get started

Mocausd

MOCA is at the end of its trend (2H)From the point where we placed the green arrow on the chart, MOCA appears to have formed a large triangle. It seems that wave C of the large triangle is a double combination, and we are currently in the second part of this combination, which is itself a triangle. At present, we appear to be in wave c of this smaller triangle. Wave c also seems to be a diametric, and we are now in the final stages of this diametric. It could reject downward from the red zone. The closure of a 4-hour candle above the invalidation level would invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
2