SANDLong
SAND/USD Max Efficiency Outlook
Updated
This is the long term outlook for a max efficiency play. Currently, watching for price to expand to complete the 5th Elliott wave before forming a harmonic during the retracement to create price data for a more refined analysis.
Upside price goals are at $6 and $8.
Upside price goals are at $6 and $8.
Note
Price expanded to complete a bearish Shark pattern. Below is an update with a more refined analysis now that we have more data/candles. Targets remain the same but we always monitor price action to stay up to date on potential market shifts because the market is always right!Trade closed: target reached
Price tapped in at $2 to line up with one of the trade entries and then progressed to the upside target at $8. 
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.