Hi fellow traders,
On the 4H SOLUSDT chart, I am applying Elliott Wave principles to outline a potential long setup.
Price is currently reacting from a corrective structure after the recent decline. The current region aligns with a key reaction area where multiple tools come together to provide confluence within my strategy.
I am looking for continuation to the upside, with the higher targets aligning with the broader impulsive structure.
I am entering at the current price.
Entry: current price
Stop Loss: 77.36
Take Profit: 100.75
If price breaks below the stop level, this setup is no longer valid.
Good luck and trade safe!
On the 4H SOLUSDT chart, I am applying Elliott Wave principles to outline a potential long setup.
Price is currently reacting from a corrective structure after the recent decline. The current region aligns with a key reaction area where multiple tools come together to provide confluence within my strategy.
I am looking for continuation to the upside, with the higher targets aligning with the broader impulsive structure.
I am entering at the current price.
Entry: current price
Stop Loss: 77.36
Take Profit: 100.75
If price breaks below the stop level, this setup is no longer valid.
Good luck and trade safe!
Note
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.