#Doge Breakdown of the density of the Elliott triangle
Updated
In time h2, after a complete correction cycle and the construction of a double bottom, an Elliott triangle has broken upward, which can have a growth up to the previous supply area. Therefore, with the loss limit below the triangle, it is possible to make an upward movement to the previous supply area to collect liquidity.
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Order cancelled
Hello, dear traders... pay attention, considering the construction of the pivot at the top of the corner of the triangle, I think it should change its behavior. Therefore, with a high loss limit, the correction form of the pivot will continue. Therefore, cancel the previous position and you can open this position either after the break of the trend line or from pullback to the trend line in a lower time frame. Be careful or don't trade and be sure to wait for the top pivot to break before reactivating the buy position.
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