$ENVX - Elliot Wave Theory (LONG)
Potiential for one more move down then it could start climbing to $36+
Wave 1 = 61% fib = $15.62
Wave 2 completed = $9.04
Wave 3 = 161.8 fib = $36
Wave 4 target = 100% fib = $21
Wave 5 = 200% fib = $51 - this is where I will take my profits
Remember, if price actions breaks $9.04 it will invalidate the theory.
Wave 1 = 61% fib = $15.62
Wave 2 completed = $9.04
Wave 3 = 161.8 fib = $36
Wave 4 target = 100% fib = $21
Wave 5 = 200% fib = $51 - this is where I will take my profits
Remember, if price actions breaks $9.04 it will invalidate the theory.
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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.