A 3 wave buy set up
According to elliot wave theory we can see a 3 wave structure unfolding that can yield a buy signal with a target at the upper trendline.
Trade closed: stop reached
Target reached but whipsawed out of the trade!
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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.