Wave V Momentum Trade
Breakout projected from the Wave IV Triangle (Momentum Trade)
Elliot Wave metrics:
Wave III topped at the 1.618 Fib level;
Wave V (in the channel) expected to reach 0.9830 (2.618 level)
Trade valid until Price Action crosses Wave I level
Risk Reward > 7:1
Elliot Wave metrics:
Wave III topped at the 1.618 Fib level;
Wave V (in the channel) expected to reach 0.9830 (2.618 level)
Trade valid until Price Action crosses Wave I level
Risk Reward > 7:1
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.