Second attempt.
Here again we have:
1) 5 waves down
2) broken trend line
The most probable direction now is down.
SL is around 555 (BITSTAMP)
Profit area 505 - 510
Here again we have:
1) 5 waves down
2) broken trend line
The most probable direction now is down.
SL is around 555 (BITSTAMP)
Profit area 505 - 510
Note
The decline should continue from here.Could be we are moving down from the following triangle:
Trade closed: stop reached
No luck this time, stopped out.Waiting for the next Elliott Waves setup.
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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.