Elliott Count update, continuation
As the weekly Elliott level post - Elliott had yet to complete its impulsive move up.
Here's the updated count and move - logic is that we are now at another 618 key level. We can define the waves within that last push, what was assumed 5 was only a 3.
So here's a simple update.
Not looking to short, but won't take the long until this pullback.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Here's the updated count and move - logic is that we are now at another 618 key level. We can define the waves within that last push, what was assumed 5 was only a 3.
So here's a simple update.
Not looking to short, but won't take the long until this pullback.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
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