Elliot Wave shows us that 4th leg could be completed with a sharp decline. However, 5th leg is quite short and might have more room to go upside and explore between 75-78k. If the price wouldn't consolidate around 75k min. shorts can start following the Elliot wave pattern A-B-C and will meet the Higher low trend line. It seems it hasn't touched the trend line yet. Overall, It looks positive until 75-78k.
Trade chiuso manualmente:
Closed with a small loss to buy back from 57k - 60k
Trade attivo:
Bought at 68k -possible bounce If it it holds today!
Trade chiuso: obiettivo raggiunto:
Cover the loss of profit - balance my portfolio. Sideways reverse triangle incoming...