Since 5-6 weeks I became a great fan of Elliott Waves theory. However i'm pritty new in this. So I would appreciate ctiticism. ctiticism.
Here is a complex corrective structure ABC - connection to X and Elliot descending triangle corrective pattern. If I am right about that there is next IMPULSE in development.
IF the current move breaks the triangle and goes at least 1-2 pips abouve the D point, than i would wait for wave 2 , which shall retrace wave 1 less than 100% and i would BUY.
Long term orientation - holding potentially for an year with moving SL.
Initial SL 15 or NO SL for those who can afford. Target 1 -20 USD , Target 2 - 30-35 USD!
If the current move does not break the triangle i'm wrong therefore!
REMARK: I totally don't have a clue if the IMPULSE will develop the way it is displayed. The essense here is the 2 wave which could confirm a start of an impulse and opportunity to jump on the train early in the state of development of wave 3.
Here is a complex corrective structure ABC - connection to X and Elliot descending triangle corrective pattern. If I am right about that there is next IMPULSE in development.
IF the current move breaks the triangle and goes at least 1-2 pips abouve the D point, than i would wait for wave 2 , which shall retrace wave 1 less than 100% and i would BUY.
Long term orientation - holding potentially for an year with moving SL.
Initial SL 15 or NO SL for those who can afford. Target 1 -20 USD , Target 2 - 30-35 USD!
If the current move does not break the triangle i'm wrong therefore!
REMARK: I totally don't have a clue if the IMPULSE will develop the way it is displayed. The essense here is the 2 wave which could confirm a start of an impulse and opportunity to jump on the train early in the state of development of wave 3.
노트
I consier this 1st wave to be valid, becasue of the close of the 4h candle at 17.25 yessterday. Though i was expecting this wave to end at least 20 pips higher, now I'm wating for retracement to a zone between FIB 50 and 618. I will be stalling for buys....
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
