Eliott correction wave combination - Long setup
Güncellendi
Eliott correction wave combination of a Zig-Zag then ABC wave back into resistance and finaly a triangle ABCDE wave.
On higher time frames we have a clear Eliott impulse wave unfolding.
Wave 1: July - August
Wave 2 (Correction): September
Wave 3: October
This is this 4th wave (Correction) and it looks to be nearing an end.
Looks to be a setup for the 5th (last) wave of this trend.
On higher time frames we have a clear Eliott impulse wave unfolding.
Wave 1: July - August
Wave 2 (Correction): September
Wave 3: October
This is this 4th wave (Correction) and it looks to be nearing an end.
Looks to be a setup for the 5th (last) wave of this trend.
Not
Simplest setup would be waiting for price to create and break a triangle pattern to the upside. Breaking above the "X" of the wave ($64250) could be a confirmation / trigger.Good luck traders!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.