looks DYM is bearish in the medium term (12H)

11 Jan

We had a downward move, followed by a pause, and then the price is continuing to decline. When the bottom of the green box at $0.963 is broken with a daily candle, we will have further confirmation.

These fractals can be labeled as ABC waves.

However, for those looking for sell/short positions, the red box can be a potential zone to consider. The closing of a daily candle above the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

5 hari yang lalu

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After hitting the red box, it dropped more than 67%.