Hi everyone!
As traders/investors we should always:
-keep in mind different scenarios
-count risks in both sides
-be ready for everything)
It is still a possibility for downside move. We can still be in last Wave 5 of 4 after a complex Wave 4 of 4 in a shape of irregular flat
Also look at current chart on lower TF. Its very likely that upsidemove from 25000 to 28500 is a zigzag (A=B) that set a Wave 2 of 5 of 4, so we could see a sharp decline next week
Lets be ready for everything and be friends with risk management
As traders/investors we should always:
-keep in mind different scenarios
-count risks in both sides
-be ready for everything)
It is still a possibility for downside move. We can still be in last Wave 5 of 4 after a complex Wave 4 of 4 in a shape of irregular flat
Also look at current chart on lower TF. Its very likely that upsidemove from 25000 to 28500 is a zigzag (A=B) that set a Wave 2 of 5 of 4, so we could see a sharp decline next week
Lets be ready for everything and be friends with risk management
In Elliot Wave+Fibo+Liquidity patterns we trust!
Keep it simple
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Keep it simple
Follow me on X more more Charting and Ideas
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.
In Elliot Wave+Fibo+Liquidity patterns we trust!
Keep it simple
Follow me on X more more Charting and Ideas
Keep it simple
Follow me on X more more Charting and Ideas
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.