Hey guys, wanted to share an idea I've been following for the last few days. Please know I'm a beginner trader and you should always do your own research.
Token: BUY Entry: Bull Flag Retest/ Rebuy Zone Target: 0.25 Stop Loss: 0.0791
Analysis: BUY seems to be completing its wave 4 inside an impulse wave that started on May 5. 1st Fibonacci target for wave 5 comes to around 0.25. Coincidentally waves 3 and for 4 have built a bull flag that gives us the same target of 0.25 based on the length of the flag pole.
Please remember the above is not financial advice and I'm a beginner trader learning from more experienced traders teaching TA & EWT.
If you see something I've missed or would like to share an opinion please feel free to let me know in the comments section below.
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.