I don't base my strategy on Elliott theory i use it only
rarely for help. When we look at 4h interval we can see a bullish triangle before the potentially breakout i think its possible that the price would for one time tounch the hypotenuse of the triangle.
then after the market breaks the resistence line and go back whith forming high 1 or high 2 signal after the first trend candle it will be a ideal opputnity for long.
rarely for help. When we look at 4h interval we can see a bullish triangle before the potentially breakout i think its possible that the price would for one time tounch the hypotenuse of the triangle.
then after the market breaks the resistence line and go back whith forming high 1 or high 2 signal after the first trend candle it will be a ideal opputnity for long.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.