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Video Analysis of Cup & Handle & Elliot Wave C wave buy

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Hello Traders, In this video I point out the bullish cup and handle pattern that is currently forming on META 4hr chart. I also showed the Elliot Wave pattern .

I'm bullish on Meta for the following reasons

1) Oversold RSI
2) Bullish C Wave (upward)
3) Handle that has formed .5 fib level
4) The Bearish ABCD pattern sold off to the .5 fib level, and I'm looking for a retrace back up to $301.00
5) I have $306.00 as the breakout level of the cup and handle, which should cause price action to go to $325

"Not trading or investment advice. I will wait for confirmation of breakout of $306
İşlem elle kapatılmış
looking for 305...bearish wave trend. folks buying at the top of a wedge.. this is a short

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.