AMPUSDT | Downtrend Target Wave Projection - Ending Diagonal?
Price action and chart pattern trading
> The final 5th wave downtrend target with current ending diagonal wave
> Possible minor wave 4 uptrend ABC correction estimated at 0.382 - 0.5 retracement of wave 3 within 0.01800 - 0.02000 range or SMA50 dynamic resistance.
> Long Entry @ wave a or crossing SMA20 zone
> Target @ estimated wave c / SMA50 zone
> Stop @ wave b position
> RRR: 2:1
Always trade with affordable risk and respect your stoploss
> The final 5th wave downtrend target with current ending diagonal wave
> Possible minor wave 4 uptrend ABC correction estimated at 0.382 - 0.5 retracement of wave 3 within 0.01800 - 0.02000 range or SMA50 dynamic resistance.
> Long Entry @ wave a or crossing SMA20 zone
> Target @ estimated wave c / SMA50 zone
> Stop @ wave b position
> RRR: 2:1
Always trade with affordable risk and respect your stoploss