๐โโ๏ธโพMeta Platforms(META)โพ is moving near the ๐ดResistance zone($332-$315)๐ด.
๐กAlso, we can see Regular Divergence (RD-) between two consecutive peaks.
In terms of Elliott wave theory, the Meta Platforms(META) seem to have completed the main wave 3 at the ๐ดResistance zone($332-$315)๐ด with the help of the Expanding Ending Diagonal Pattern.
๐It is interesting to note that in the middle of main wave 3, the main Bullish Long Island Pattern can be seen, which confirms our wave count.
๐I expect the Meta Platforms(META) to lose at least โ20% of its value after breaking the lower line of the Expanding Ending Diagonal and reaching the ๐กPrice Reversal Zones(PRZ)๐ก, Support line(1) and ๐ต200_SMA(Weekly)๐ต.
๐If you want to know about the types of Gaps, you can read the following article.๐
Meta Platforms( METAUSD) Analyze, Daily time frameโฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐กAlso, we can see Regular Divergence (RD-) between two consecutive peaks.
In terms of Elliott wave theory, the Meta Platforms(META) seem to have completed the main wave 3 at the ๐ดResistance zone($332-$315)๐ด with the help of the Expanding Ending Diagonal Pattern.
๐It is interesting to note that in the middle of main wave 3, the main Bullish Long Island Pattern can be seen, which confirms our wave count.
๐I expect the Meta Platforms(META) to lose at least โ20% of its value after breaking the lower line of the Expanding Ending Diagonal and reaching the ๐กPrice Reversal Zones(PRZ)๐ก, Support line(1) and ๐ต200_SMA(Weekly)๐ต.
๐If you want to know about the types of Gaps, you can read the following article.๐
Meta Platforms( METAUSD) Analyze, Daily time frameโฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
ืขืกืงื ืคืขืืื
ืืขืจื:
A closer look at the META in the 4-hour time frame, it seems likely that the META will touch the resistance zone again and then fall.
ืขืกืงื ืกืืืจื: ืืืขื ืืืฉื:
Target Done: META was able to touch the lower line of the expanding ending diagonal.
If META touches the $350, We can expect higher numbers than that.
If META touches the $350, We can expect higher numbers than that.
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๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐if you want to learn Technical Analysis = Please Contact me๐ t.me/Ad_ProTrader365