EthereumUpdated ETH potential scenario
scenario: ending fifth wave diagonal.
Wave v of the impulse wave down did not end at the price where A is now labelled as it did not break down into a full five waves.
potential entry $606-610 with a target $640-$660
Stop loss at $600
minimum R:R 3.3
Break outside of the triangle with conviction without hitting the lower trend-line for wave e would invalidate this scenario
Wave v of the impulse wave down did not end at the price where A is now labelled as it did not break down into a full five waves.
potential entry $606-610 with a target $640-$660
Stop loss at $600
minimum R:R 3.3
Break outside of the triangle with conviction without hitting the lower trend-line for wave e would invalidate this scenario
Note
On reflection this is not an ending diagonal however i do believe this is trending with in a triangle and so the same scenario is still plausible
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