Hey all- As you all might have seen my different perspective based on trend lines and indicators. This one is dedicated to Elliot wave
If history repeats itself and we have a top already @ 6.2k levels. This is how it could potentially unfold. Last rally was retraced to 38.2% and based on that the target range is 4.2-4.3k levels.
Just keep in mind that new ATH makes everything invalid.
But i definitely see this drop coming and it should .
Lets see how market reacts.
If history repeats itself and we have a top already @ 6.2k levels. This is how it could potentially unfold. Last rally was retraced to 38.2% and based on that the target range is 4.2-4.3k levels.
Just keep in mind that new ATH makes everything invalid.
But i definitely see this drop coming and it should .
Lets see how market reacts.
Note
A reached.Note
short closed:)Note
have my shorts open at 5880.Trade active
working just fine
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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.