In This Chart Pattern Example I have Visually Represented Mono Wave identification
Friends its Important to note the behavior of Price along the side of its movement is
important , as a single strong move on daily suggest the movement is Mono Wave or Representation of fast displacement of price
Now its also important to note which part of the move is not having the character of Mono wave
That part should be considered as time consuming pattern or ideally know as correction in between the momentum
They also represent the expansion making new high with evidence of weak price move
suggesting its an weak move before the required time bond correction complete
This is education content
I hope you like it if you do then please hit the like button stay tuned subscribe to get more such content
Good luck
Friends its Important to note the behavior of Price along the side of its movement is
important , as a single strong move on daily suggest the movement is Mono Wave or Representation of fast displacement of price
Now its also important to note which part of the move is not having the character of Mono wave
That part should be considered as time consuming pattern or ideally know as correction in between the momentum
They also represent the expansion making new high with evidence of weak price move
suggesting its an weak move before the required time bond correction complete
This is education content
I hope you like it if you do then please hit the like button stay tuned subscribe to get more such content
Good luck
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.