BB looks bearish (12H)

١٣ أغسطس ٢٠٢٤

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

١٧ أغسطس ٢٠٢٤

تم فتح الصفقة

It has dropped more than 21% since our entry range