Over in this video, I go through in detail the breakdown of the Elliott Waves and the rationale for counting the waves as I did. In this video, i talk about setting the stop at around 144.10 and the short-term take profit target at around 139.92.
At the end, I remind us of the big picture head-and-shoulders where the longer-term target is around 127.21.
Thank you and Good Luck in your Trading!
At the end, I remind us of the big picture head-and-shoulders where the longer-term target is around 127.21.
Thank you and Good Luck in your Trading!
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I think it's a good time to adjust your stop to below your entry so that you will at least be in profit if stopped out.
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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.