Forwarded from Elite Trade Signals β Crypto | Forex | Gold
After tapping the OTE levels, price is expected to reverse and clear the previous short-term high located at the 0 Fibonacci level.
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#BCHUSDT #Crypto #SIGNAL #SignalsToday
@Signals2day
π’1
Forwarded from Elite Trade Signals β Crypto | Forex | Gold
Initial expectation vs. actual price delivery π
Initially, I expected price to complete the second leg in the direction marked in red, reaching the lower FVG.
However, instead of extending directly into that move, price formed a smaller internal second leg, as marked in green, and delivered the expected displacement within the internal structure.
This is a good reminder that the market doesn't always complete the larger, more obvious leg in the way we initially anticipate. Sometimes, the same price action can be delivered inside a smaller internal structure before the larger objective is reached.
The key is to stay flexible and follow the price delivery rather than becoming attached to a single scenario.
#LINKUSDT #Crypto #SIGNAL #SignalsToday
@Signals2day
Initially, I expected price to complete the second leg in the direction marked in red, reaching the lower FVG.
However, instead of extending directly into that move, price formed a smaller internal second leg, as marked in green, and delivered the expected displacement within the internal structure.
This is a good reminder that the market doesn't always complete the larger, more obvious leg in the way we initially anticipate. Sometimes, the same price action can be delivered inside a smaller internal structure before the larger objective is reached.
The key is to stay flexible and follow the price delivery rather than becoming attached to a single scenario.
#LINKUSDT #Crypto #SIGNAL #SignalsToday
@Signals2day