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Pulse Wave Paths

Beginner trading steps

27/06/2024

Following and tracking updated 27-06-2024:
On TF 4H, the price has already hit the target. Now, the structure is in a downtrend. The possible movements are indicated by the red and green arrows.

Note: This is just an analysis and not a suggestion to buy or sell.

17/06/2024

Following and tracking updated 17-06-2024:
On TF 4H, the structure is downtrend due to the breakdown at 67000. The interest zone is 62000-64000. If it breaks down further, the new targets are 59000-57000. If it retraces and retests the resistance zone at 67000.

07/06/2024

Following and tracking updated 07-06-2024:
On TF H4, the structure is in a downtrend. Currently, the pattern is forming a sideways movement within the white rectangle. The green lines are support zones.

05/06/2024

Following and tracking updated 05-06-2024:
On TF 4H, the structure is still sideways between 67000-70000. If it breaks up, the new target is 74000-75000. If it breaks down, the new targets are 63000-64000 and 60000-58000.

03/06/2024

Following and tracking updated 03-06-2024:
On TF H4, the structure is in a downtrend. Currently, the pattern is forming a sideways movement within the white rectangle. The red lines are resistance zones and the green lines are support zones.

29/05/2024

Following and tracking updated 29-05-2024:
On TF 4H, the structure is sideways between 67000-70000. If it breaks up, the new target is 74000-75000. If it breaks down, the new targets are 63000-64000 and 60000-58000.

29/05/2024

Following and tracking updated 29-05-2024:
On TF H1, the structure is in a downtrend. Currently, the pattern is forming a sideways up movement. If it breaks down below the yellow trend line, the target price ranges are 2320-2300 and 2260-2250. The horizontal red lines are interesting sell zones.