Wicked back into channel for now, labeled retracement zones down to 52k , pulled back into channel for now but if we print and close 2 more hourly candles red or a bearish 4h close, this will be a short signal to 54-52k, a healthy corrective in this range,. moments of truth , (nice lil wick back in but still lacking A.O With cash flow % on the 1h-4h we will see.
Note
If we hold range channel our x2 long elliot wave counts are in play above wave 1 (no wave 2 or 4 overlaps rule applying here )
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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.