đââïžâŸMeta Platforms(META)⟠is moving near the đŽResistance zone($332-$315)đŽ.
đĄAlso, 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 đŽResistance zone($332-$315)đŽ with the help of the Expanding Ending Diagonal Pattern.
đIt 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.
đI expect the Meta Platforms(META) to lose at least â20% of its value after breaking the lower line of the Expanding Ending Diagonal and reaching the đĄPrice Reversal Zones(PRZ)đĄ, Support line(1) and đ”200_SMA(Weekly)đ”.
đIf you want to know about the types of Gaps, you can read the following article.đ
Meta Platforms( METAUSD) Analyze, Daily time frameâ°.
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 â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
đĄAlso, 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 đŽResistance zone($332-$315)đŽ with the help of the Expanding Ending Diagonal Pattern.
đIt 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.
đI expect the Meta Platforms(META) to lose at least â20% of its value after breaking the lower line of the Expanding Ending Diagonal and reaching the đĄPrice Reversal Zones(PRZ)đĄ, Support line(1) and đ”200_SMA(Weekly)đ”.
đIf you want to know about the types of Gaps, you can read the following article.đ
Meta Platforms( METAUSD) Analyze, Daily time frameâ°.
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 â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
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Kommentera:
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.
Trade stÀngt: mÄlet nÄtt:
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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