Phoenix / TetherUS
Long
Updated

PHBUSDT long Spot Trade

615
PHBUSDT Elliott Wave Technical Analysis
Mode: impulse
Position: Wave (4)
Direction: Wave (4) is still in play
Details: Wave (4) is still in play which I expected to be end around 2.2-1.95 which will be my entry point.
Next Direction: Wave (5)
Targets :
  • TP1: 4.3 with about 100% profit
  • TP2: 4.9 with about 140% profit
  • TP3: the area between 5.2-5.4 with about 160% profit

Wave Cancel invalid level: Daily closing below 1.79 with 12% loss.

Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Trade active
snapshot
Trade closed: stop reached

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