Elliot wave principle says you are able to find a rough target for the top of the five wave by creating a channel using the bottom of the 2 and 4 corrective waves. The top of the parallel channel is anchored to the top of the 3 wave. Most of the time the top of the 5 wave meets this line, but it can extend above it.
I feel like 300k is a little optimistic, my personal target is between 205k - 249k
I feel like 300k is a little optimistic, my personal target is between 205k - 249k
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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.