Here is my Elliot Wave projection on a larger scale. In my opinion $47,99 (0.618 of wave 1 (pink waves)) or up to $48,25 will hit early next week which could be a great short opportunity to hold to the $41 region.
Holding short positions from $47,80 and $47,60 and will add a few more as price creeps up toward my target of $48-48,25
Holding short positions from $47,80 and $47,60 and will add a few more as price creeps up toward my target of $48-48,25
Note
Added shorts at 4810
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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.