Long
LONG: new uptrend start to 0.9$
If you subscribe to Elliott Wave theory, this chart indicates the presence of a terminal impulse wave, suggesting that the price could potentially rise to approximately $0.9.
SL: the head of wave 5
Please ensure to double-check whether Wave 5 within the terminal impulse has concluded or not. Best of luck with your analysis, and remember to do your own research (DYOR).
SL: the head of wave 5
Please ensure to double-check whether Wave 5 within the terminal impulse has concluded or not. Best of luck with your analysis, and remember to do your own research (DYOR).
Trade closed manually
What I've leaned from this chart is that a terminal impulse is not suitable for a large time frame. Based on my analysis, when a terminal impulse unfolds over an extended period, it becomes quite challenging to reach the target.
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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.