The stock is currently in an uptrend within a rising channel (green lines), making higher highs and higher lows.
Based on Elliott Wave theory, we appear to be in a corrective Wave 4
bouncing from a 1H FVG.
A potential Wave 5 rally could be underway, targeting new highs near the upper channel boundary.
Trade Plan:
Entry: ~$66.84
Stop Loss: $64.00 (Below the demand zone & invalidation level)
Take Profit Target:
TP 4: $78.84 (4:1 RRR)
"Trade what you see, not what you think." – Jesse Livermore
Stick to your plan: Manage risk with stop loss placement and target levels.
Disclaimer:
This is for educational purposes only and not financial advice. Always conduct your own analysis and manage risk accordingly before trading.
Based on Elliott Wave theory, we appear to be in a corrective Wave 4
bouncing from a 1H FVG.
A potential Wave 5 rally could be underway, targeting new highs near the upper channel boundary.
Trade Plan:
Entry: ~$66.84
Stop Loss: $64.00 (Below the demand zone & invalidation level)
Take Profit Target:
TP 4: $78.84 (4:1 RRR)
"Trade what you see, not what you think." – Jesse Livermore
Stick to your plan: Manage risk with stop loss placement and target levels.
Disclaimer:
This is for educational purposes only and not financial advice. Always conduct your own analysis and manage risk accordingly before trading.
Trade fermée: cible de profit atteinte
The 4:1 RRR target was reached, now hitting the 6:1 
By Dubai Traders Hub
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Follow us on X , YouTube, and Join our Telegram Channel
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.
By Dubai Traders Hub
Follow us on X , YouTube, and Join our Telegram Channel
Follow us on X , YouTube, and Join our Telegram Channel
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.