Looks like a good place to sell high...a bearish Cypher and Bearish Bat with similar entry points. Waiting for indicator confluence and/or other confirmations is always a good idea.
Please realize this "wave count" is not very detail-oriented nor is it in sync with price action from prior to what is shown in the main idea...it is just an attempt to show I am looking for a last corrective wave before a larger bullish wave. Any feedback regarding this is appreciated!
Please realize this "wave count" is not very detail-oriented nor is it in sync with price action from prior to what is shown in the main idea...it is just an attempt to show I am looking for a last corrective wave before a larger bullish wave. Any feedback regarding this is appreciated!
Nota
Maybe the longer term count can look like this...seems consistent with the count in the main idea. If you see any Elliot Wave rules I have violated please let me know!
Nota
Watching this potential Bearish Bat...
Trade attivo
Go Bats
Nota
Covered half of my position and holding the rest...the two bearish patterns in the main idea are still valid if the price rises instead of falls further
Trade chiuso: obiettivo raggiunto
TP2 hit after NFP. Now waiting for retrace...BAMM set-up?
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.