JASMY - Learn how you can use Eliot in your analysisHere we see perfect Eliot waves and the question to ask yourself here is "Who will pay for the show?"
As a lot of latecomers see those waves and hope to catch possible wave 5, I think it's very likely there won't be anymore impulses up and we will go down by squeezing and breaking down this local level.
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
