BTC Stop loss harvesting time!!Are you ready to be stopped out???
Many see the bullish wolf wave LOL.
I want to see 42K BUT 47,200 is ok for a 3%???? bounce??
After wave 3 I might try something for a retrace BUT I might just be someone's exit liquidity.
NOT FINANCIAL ADVICE!!!!!
IT IS EASY TO MAKE MONEY!!!!
IT IS HARDER TO KEEP IT!!!!
Wavec
Elliott Wave C/3 Entry Model ExampleIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Elliottwave and Elliotwave
3/C Entry Model.
This is the minimum you should consider doing
when laying out,"on paper", your favorite/profitable trade setups.
Especially if it is new to you.
More can be added as you see fit.
I left most of my other confluences off TBH.
AUDUSD - Short position for 15MI think wave C from wave 2 has been started and first impulse of it is ABCDE.
So by this view,we can open our position at the upper trend line and it probably get us target at the end of wave 4 of wave 1.
In this project,stop should be set at the top of B from ABCDE (price :0.69830 ).
entry: 0.69620
stop: 0.69830
tp: 0.68680
Good luck.
ETH target levels for this heavy sell-offhi friends.
so finally we lose 1700 and 1300 supports :(
bad news for ETH.and bad fundamental news for it too
where MERGE upgrade overdued.
no problem we see an ending wave C and we are compliting it.
but remember these levels are good for buy but we should pay attention to
macroeconomic news and happens.
if inflation in USA and EUROPE dont go down wave C will be extend by time...
but we consider inflation record a high and start to go down.
after that we have a strong support that is overlaping 4 fibo levels for W(e) from wave C
this overlap area including:
1)38.2% retracement from past impulsive W(1).
2)200% retracement of W(B) between W(A) and W(C) that show in (a b c in circle)
3)261.8% retracement of W(b) from W(C) or W( a b c d e)
4)161.8% trend based fibo from W(a) projection from end of W(b) that shows W(e) levels.
this support level is in price around 980 $ and if we lose it too we can go lower to around
620$ support.we have fibo overlap levels here.
these levels are 361.8% & 200% and 50% from past impulsive wave.
best strategy to buy in these levels and conditions is to buy 3 step or 4 step
if we see signs of end correction we can buy a step.
i think these levels are so amazing levels to buy step by step.
be careful of your capital
(NOTE!!!
this post is not trade or invest advise.
its just my own opinion.
please invest in your own strategy and dont forget to set stop loss.)
thank you for support.
CONN wave major wave 2I believe Conn is setting up for a major move up. Wave 2 of a much larger wave is about complete with an ending diagonal wave C. Wait for the break of the red horizontal line to confirm larger wave 3 is on the way. Trade at your own risk. Good luck!