Price Action & Chart Pattern Trading
> Elliott Wave projection correction wave triangle D shape - completed after achieved target CUP&HANDLES impulse wave? I think so with smart money and banker chip volume support at E point corrective wave.
> Volume Profile high-E pattern looks like we have aggressive buyers/bankers to push the price
> Short-term trade within triangle with risk ratio 2/2.5: 1 - Stop-loss zone @ C wave position
> Medium-term trade within main volume profile range with RR 3:1 - SL @ A wave position
Always respect your stop-loss
Good Luck
> Elliott Wave projection correction wave triangle D shape - completed after achieved target CUP&HANDLES impulse wave? I think so with smart money and banker chip volume support at E point corrective wave.
> Volume Profile high-E pattern looks like we have aggressive buyers/bankers to push the price
> Short-term trade within triangle with risk ratio 2/2.5: 1 - Stop-loss zone @ C wave position
> Medium-term trade within main volume profile range with RR 3:1 - SL @ A wave position
Always respect your stop-loss
Good Luck
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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.