Elliott Wave 1–5 Structure | Wave 3 Confirmation & Short Setup
Elliott Wave Update
The Elliott Wave structure (1–2–3–4–5) has been identified.
Wave 1 and Wave 2 have been completed perfectly.
We are currently waiting for Wave 3 to fully complete.
Confirmation for Wave 3 completion requires a daily close below $4,710.
Trade Idea-Short Position
A short position may be considered only after confirmation.
Primary Target (TP1): $4,685 (Daily Low)
Secondary Target (TP2): $4,686 (Weekly Low)
Risk Management Tips
Never risk more than you can afford to lose.
Always use a stop-loss to protect your capital in case the market reverses.
Avoid over-leveraging—while leverage can increase profits, it significantly increases risk.
Only take trades that align with your strategy; do not chase the market.
Stay disciplined and stick to your trading plan, even during emotional market conditions
⚠️Disclaimer
This content is not financial advice.
Trading involves significant risk—manage your exposure carefully and trade responsibly.
Happy Trading! 📈
The Elliott Wave structure (1–2–3–4–5) has been identified.
Wave 1 and Wave 2 have been completed perfectly.
We are currently waiting for Wave 3 to fully complete.
Confirmation for Wave 3 completion requires a daily close below $4,710.
Trade Idea-Short Position
A short position may be considered only after confirmation.
Primary Target (TP1): $4,685 (Daily Low)
Secondary Target (TP2): $4,686 (Weekly Low)
Risk Management Tips
Never risk more than you can afford to lose.
Always use a stop-loss to protect your capital in case the market reverses.
Avoid over-leveraging—while leverage can increase profits, it significantly increases risk.
Only take trades that align with your strategy; do not chase the market.
Stay disciplined and stick to your trading plan, even during emotional market conditions
⚠️Disclaimer
This content is not financial advice.
Trading involves significant risk—manage your exposure carefully and trade responsibly.
Happy Trading! 📈
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.