Here we see an odd "Elliot Wave" setup, that doesn't seem to follow the rules, I based it on momentum and price position based on exponential moving averages (21) So it follows those rules when price is judged by it's position against the keltner channel. Here I transposed those positions to the price chart.
Targets and price is on logscale.
This is not trading/financial advice.
Targets and price is on logscale.
This is not trading/financial advice.
Note
Note
seems to be working so far
Note
Note
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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.