TradingProfessor10

TradingProfessor10

Symmetrical Triangle Correction – Elliott Wave Perspective The image depicts a Symmetrical Triangle Correction, a common corrective pattern in Elliott Wave Theory. This formation is typically observed during wave 4 or within a complex correction, and it signals consolidation before the next impulsive move. Structure: A symmetrical triangle is composed of five...

TradingProfessor10

Possible Scenarios: 🔻 Bearish Bias (Primary Scenario) Price is currently reacting from the 30-min supply zone. Under the descending trendline, maintaining lower highs. If rejection confirms, we may see a move down toward the 3310 level, and possibly into the 4H Demand Zone. Price Levels: Daily Swing Decision Level: 3365 — Sell below / Buy above level. Current...