The other one that I post was a weekly one.
Elliot Wave finished. ABC correction finished. Waiting for second abc.
Elliot Wave finished. ABC correction finished. Waiting for second abc.
- Chart has recently finished E.W. but it can reach a little more toward 338%. Even so, I don't sugest to wait for it since it can go down any moment.
- I use fibonacci between peak 1 and peak 4 of E.W. to know fifth wave limit.
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is going according to plan. If it finishes early, it will go up faster then plan says.
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Drawed retracement path.
Adjust SL and TP.
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I reconstruct the ABC correction and found out that there is a great chance of going bullish after the bearish.
Trade closed: target reached
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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.