approaching apex buying the anticipated breakout from C wave
im looking for $18 on solusd, which has a high probability of retesting the 3rd leg of the bullish cypher pattern. looking at the past resistances levels of Elliott wave 5 and 3. these past resistances level could easily turn into support levels. price action is also approaching the apex of the triangle on solusd, im buying off of the C wave and anticipating a breakout from the apex.
Commento:
macd/ad double bottom
looking for bullish continuation to continue onto higher time frames
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AD and Price action have bottom on 1min, will move to 3min and look for bullish continuation to the higher time frames
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comfortably out of the apex now,
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15min time frame there is a hidden bull flag inside a hidden inverse head and shoulders.. needs to breakout and retest the high of today around $14.27-14.30 area im a buyer of the dips here til $15.30, and let half ride to $18
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Possible scenario i'm observing... Will take long to play out. If you have a long term view, you're likely hoping for this scenario. I will re-evaluate after $15, $18 targets take place
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4hr spike set up w/ support looking to cross over prev. resistances level
Trade chiuso manualmente:
buy back lower
Commento:
target 17.79
Trade attivo:
shorts active target 17.79
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