Elliot Wave analysis on LamdaHi! I'm just trying to learn Elliot Waves. That is an actual trade that I just took.
I bought 50 pcs on 6.135, With a stop loss on 5.85 and a take profit on 6.95.
7 is a psychological number where I assume that the price will retrace. Completing the 3rd wave.
Fitch has increased Greece to BB+ a few days ago that's why most Greek stock's took a bull run.
Let's see if I actually learned something on Elliot Waves... In case you see a mistake please comment so I can correct my trading strategy and style...