Optimism setup long and short for future trade
Updated
As shown below, since three months ago, the ETHBTC reaction has been occurring and slowly taking control. This can be used on coins that are tied to ETH. Fundamentally excellent price for DCA, but I would like to show the chance to those who deal with future trade.
With the setup, it is great to find where our analyzes are no longer valid and we need to admit that we are not right. Optimism is one of the coins that correctly did 1,2,3 according to Elliot. Now the question is whether the 4th wave will manage to reach our order, but we must be disciplined because this analysis is canceled if the fourth wave reaches deep enough to the first, where the setup is no longer valid.
Why this setup gives us the possibility of long - here is daily fvg, 4h fvg, 2h fvg, fibonacci for retest as well as theoretical knowledge about Elliott waves
With the setup, it is great to find where our analyzes are no longer valid and we need to admit that we are not right. Optimism is one of the coins that correctly did 1,2,3 according to Elliot. Now the question is whether the 4th wave will manage to reach our order, but we must be disciplined because this analysis is canceled if the fourth wave reaches deep enough to the first, where the setup is no longer valid.
Why this setup gives us the possibility of long - here is daily fvg, 4h fvg, 2h fvg, fibonacci for retest as well as theoretical knowledge about Elliott waves
Note
Trade closed: stop reached
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