Price action and chart pattern trading
> Bullish parallel breakout and pullback
> Entry position at pullback support level just above SMA200 or volume profile point of control line - 2.70, 2.60
> Mid / Long term Target Elliott Wave 5 estimated 2 scenarios based on 1.0 of wave 1 optimistic and 1.618 of wave 4 as minimum case
> Short term target at top of wave 3
Indicator:
> Strong smart money and banker chip volume
Risk ratio 3:1 for mid/long term and 1.5:1 for short term
Always trading with affordable risk and respect your stoploss
> Bullish parallel breakout and pullback
> Entry position at pullback support level just above SMA200 or volume profile point of control line - 2.70, 2.60
> Mid / Long term Target Elliott Wave 5 estimated 2 scenarios based on 1.0 of wave 1 optimistic and 1.618 of wave 4 as minimum case
> Short term target at top of wave 3
Indicator:
> Strong smart money and banker chip volume
Risk ratio 3:1 for mid/long term and 1.5:1 for short term
Always trading with affordable risk and respect your stoploss
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.
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.