Market finished 1-5 Elliot wave, flat ABC correction and full 1-5 Elliot wave with XWY combination downwards, we were expecting it to bounce off of a demand zone, but it reversed earlier, R/R for this trade is way to low unless market retraces to our entry zone.
Entry: 16:76
Invalidation: 15.30
Target: 23 (50% fib zone)
Again here's a potential 1:4 long setup. I have 2 profit targets. First one is 1:1.5 and second one is 1:4
LEVI LONG SETUP
1. Entry: $17.45 (buy stop)
2. Entry: $16.97 (buy limit)
Stop loss: $16.53 (54% probability)
1. Target: $18.83 (46% probability)
2. Target: $21.13 (less than 35% probability)
Risk: 2%
Disclaimer: This is not investment or financial...
