This idea is based on the AriasWave Sharp Correction thesis video titles A New Way To Look At Correction linked below.
So here are the trade parameters:
ENTRY: 23,436
STOP: 23,332
TARGET 1: 24,295 (.618)
TARGET 2: 24,723 (.786) RISK REWARD: 12.79
TARGET 3: 24,977 (.886)
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
So here are the trade parameters:
ENTRY: 23,436
STOP: 23,332
TARGET 1: 24,295 (.618)
TARGET 2: 24,723 (.786) RISK REWARD: 12.79
TARGET 3: 24,977 (.886)
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
