Price action and chart pattern trading
> Elliott Wave Projection - Intermediate Wave 3 Impulse at 1.213 - 1.618 of Wave 1, assuming that Wave 2 intermediate is here and recent Wave C at the lowest position of this downtrend.
> Wave 5 intermediate is projected at 2.213 - 2.618 of Wave 1 closed to the previous Wave 5 zone.
> Stoploss at W.C position risk 10%
> RR 3:1 for medium-term trade
Always trade with affordable risk and respect your stoploss.
> Elliott Wave Projection - Intermediate Wave 3 Impulse at 1.213 - 1.618 of Wave 1, assuming that Wave 2 intermediate is here and recent Wave C at the lowest position of this downtrend.
> Wave 5 intermediate is projected at 2.213 - 2.618 of Wave 1 closed to the previous Wave 5 zone.
> Stoploss at W.C position risk 10%
> RR 3:1 for medium-term trade
Always trade with affordable risk and respect your stoploss.
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