Ravecoin has been on correction and this still continue till we have a test on at least 61.8% fib level or 78.6% level.
The correction took falling wedge pattern and the pattern may terminate at the end of 61.8% fib level where I have my buy zone suggestion.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
The correction took falling wedge pattern and the pattern may terminate at the end of 61.8% fib level where I have my buy zone suggestion.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS
Join our discussion room for more about our trading ideas.
Please share your thougths about it and support my post with your LIKES if you think it's useful.
Thanks
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
تم فتح الصفقة:
Breakout from the descending channel
تم فتح الصفقة:
Completed 5 impulsive waves and its starting the correction right away.
تم فتح الصفقة:
Down move continue as price move to test the base level of falling wedge pattern.
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REAL Weslad: t.me/WESLAD ✅
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