This Elliott Waves count shows attractive risk reward opportunity in $COIN.
SL = $185 which is ~4.3% below the current price of $194.
TP = $231 and is ~19% of gain.
Invalidation = $162 which could be SL for those who can afford taking more risk.
EW analysis. ABC correction has ended and the current choppy move up since $139 is a part of a leading diagonal wave.
I expect continuation of choppy movement around resistance area of 210-225 and more impulsive move up afterwards to complete the diagonal.
See 15-min timeframe in the note for the nearest anticipated reversal up.
SL = $185 which is ~4.3% below the current price of $194.
TP = $231 and is ~19% of gain.
Invalidation = $162 which could be SL for those who can afford taking more risk.
EW analysis. ABC correction has ended and the current choppy move up since $139 is a part of a leading diagonal wave.
I expect continuation of choppy movement around resistance area of 210-225 and more impulsive move up afterwards to complete the diagonal.
See 15-min timeframe in the note for the nearest anticipated reversal up.
ノート
15-min ノート
We've got higher highs just recently and despite the initially projected diagonal structure is invalidated, the diagonal itself is in place and the whole count still serves well. I will update the diagonal count later as we have more evidence. トレード終了: ストップロスに到達
invalidated
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。