Hi everyone, I decided to share this scenario with you, the way EGLD printed the ABC on the first A leg let me think that this ABCDE scenario is a real possibility. If i'm right this will push the Elrond price to a possible 196$. Let me know what you think. I will follow this pattern until i see something else. Best to you and thanks so much for leaving a comment .. really appreciated.
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Elrond is now over Daily VWAP and MA21 which is good :
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next resistance to break is 143.70$
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I have this bearish scenario which we cannot apply at the moment cos EGLD is over MA21.. but it's a bear flag
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