Idea is based on Elliot wave theory. Stochastic indicator is used for wave count confirmation. Fibonacci extensions are used for future price projections. Nothing really tradable for me here risk/reward wise. I will be wanting to trade the latest impulse upwards as soon as I spot it.
Related publications
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.
Related publications
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.