NEO potential ending correction?
Updated
Highlight:
- Potential end of correction wave and forming 1st of 3rd wave, confirmation will be disclose once break the 4th sub-wave
- First target will be B wave high if it fail to break potential further correction
- Break B wave very bullish sign
Exit:
- Daily close below the C wave / Break the 1st impulsive wave which will be sign of even further correction
I am an individual trader, based on personal analysis and fall in love with Elliott Wave trading.
Welcome to share your ideas and let's improve it together.
Looking for accountability partner in the trading journey and grow as professional trader.
- Potential end of correction wave and forming 1st of 3rd wave, confirmation will be disclose once break the 4th sub-wave
- First target will be B wave high if it fail to break potential further correction
- Break B wave very bullish sign
Exit:
- Daily close below the C wave / Break the 1st impulsive wave which will be sign of even further correction
I am an individual trader, based on personal analysis and fall in love with Elliott Wave trading.
Welcome to share your ideas and let's improve it together.
Looking for accountability partner in the trading journey and grow as professional trader.
Trade active
Update the progression so far look bullish, changed the colour to get clearer wave count.Comment
As long daily did not close below my C wave I will still hold this trade. On H4 chart clearly divergent.Comment
It been bottom hold and is it potential Y subwave of 2nd wave completion. Critical support level. Trade closed: stop reached
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