We are working primarily with a bullish scenario, in which a running flat (A-B-C in blue) has been completed.
One could also argue that Wave 5 is completed as and ending diagonal... but we are long-biased right now.
Our entry point would be the conclusion of minor wave 1-2, and break above wave 1. The invalidation/stop loss level is shown on the cart as well.
One could also argue that Wave 5 is completed as and ending diagonal... but we are long-biased right now.
Our entry point would be the conclusion of minor wave 1-2, and break above wave 1. The invalidation/stop loss level is shown on the cart as well.
Note
1st target reached. I´m moving my stop of the remaining position to 490.
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📈 Experienced Crypto trader
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🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
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.