i have reason to believe that lucid is about to complete a little wave 2 correction here,
it was a 3-3-5 flat, rather than your usual 5-3-5 zig-zag.
what we know is, if this wave 2 was a flat - then wave 4 will be a sharp correction (so anticipate it when the time comes)
in theory what comes next in the days \ weeks ahead is a parabolic wave 3 with an upside target of $50.
there are risks to this trade, so keep a tight stop loss just below $20.50
4% risk
140% reward.
💸
it was a 3-3-5 flat, rather than your usual 5-3-5 zig-zag.
what we know is, if this wave 2 was a flat - then wave 4 will be a sharp correction (so anticipate it when the time comes)
in theory what comes next in the days \ weeks ahead is a parabolic wave 3 with an upside target of $50.
there are risks to this trade, so keep a tight stop loss just below $20.50
4% risk
140% reward.
💸
Note
💸
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.