ETHUSDT | Wave Projection – Downtrend Correction Scenario
Price action and chart pattern trading
> Wave Projection on TFD is a bearish trend correction ABC
> Esimated current minor wave 3 position at 1.618 extension of current minor wave 1, expecting a short rebound for minor wave 4 uptrend
> The current downtrend Int. wave C is estimated at 0.618 of wave A at support level .
> The final minor wave 5 can be formed with an ending diagonal , testing the previous primary wave support zone at 1,800 – 2,000.
> If the current uptrend wave exceeded 3,000, the bearish trend wave 5 will be truncated or cancelled, and continue with the uptrend scenario.
Always trade with affordable risk and respect your stoploss.

