Like a Definition of the Elliot Wave Pattern
YFIUSDT.P As stated on the graph,
Elliot Wave structure seems suitable for the fibonacci measurements.
At the top of the pattern which is the 5th wave we can seek a bearish price action with a double top or any other traditional pattern or breakout strategy in shorter time frames.
Good Luck Everyone!
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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.