This is a more risky trade because it is a little extended. Able to have a tight stop loss for potential large gain so it seems worth the extra risk. Buying below the wave looking to take 50% off at double top area and the rest between 1.318 and 1.618. This may need a larger pullback to the 4 hour or daily so if that’s the case it will be a small loss.
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.
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.