Bearish XABCD pattern. Once this support is broken, we can take an entry @ 157 and have the retracements for our planned take profits as follows: 🚪Entry: 157 💰Trade: Cross 10-15x (2% of capital) ⛔SL: 10-20% 🎯1: 152.91 🎯2: 148.89 🎯3: 144.88 🎯4: 139.16
Elliott Wave 1-5 has been plotted and we are waiting for an ABC correction pattern. However, a BoS and CHoCH have been plotted as well. We can take a risky LONG here with the retracements for our planned take profits as follows: 🚪Entry: Current price 💰Trade: Cross 10-15x (2% of capital) ⛔SL: 0.2255 🎯1: 0.2592 🎯2: 0.2660 🎯3: 0.2757 🎯4: 0.2881
Breakout from bullish pennant, may try to reach previous wick of 0.5472 and close above it.