ARC Long 1:20 RRArc has had a significant pullback and is resting at a strong low expecting a 1:19 risk to reward trade.
Can someone help me out with ARC?I'm trying to find out where we are in the elliot wave count. My idea is that we are in wave 5 of wave I. But we keep going up. I want to buy at the bottom of wave 2.
ARC analysis (4H)From the point where we placed the red arrow on the chart, it seems that ARC's correction has begun.
Based on the correction, a 3D pattern appears to be forming, with the third drive potentially completing in the green zone, where we can look for buy/long positions.
In this area, upon receiving a
ARC Bullish Reversal? Perfect Harmonic Setup + Break of LHs#ARC has been in a downtrend, but a perfect harmonic pattern has now formed on the 2H timeframe, signaling a potential bullish move.
Key Bullish Signs:
✅ #Harmonic Pattern Completion
✅ Bullish Divergence on #RSI
✅ Break of Previous #LHs (Sign of Reversal)
✅ Strong Support Zone Identified
🔥 Tradin
#ARCUSDT - Monitor this asset closely📈 LONG BYBIT:ARCUSDT.P from $0.25588
🛡 Stop Loss: $0.24176
⏱️ 1H Timeframe
✅ Overview:
➡️ BYBIT:ARCUSDT.P has broken out of a Falling Wedge pattern and is following an upward trend.
➡️ The POC (Point of Control) at $0.24041 confirms liquidity in this zone, potentially acting as strong support
ARCUSDT: Trade Plan.ARC is moving in side ways and currently we have 2 plans of trade long and short.
1st Trade: BUY/LONG
We can buy on CMP, which is the 0.618 level of the FIB and this is the Gold Zone for the Entry and we will take trade on the double top.
2nd Trade: SELL/SHORT
We can short the trade after the do
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Displays a symbol's price movements over previous years to identify recurring trends.