The current Elliott Wave pattern analysis remains valid as long as price stays below $2,757
Daily closes above $2,757 would invalidate the current wave count
Traders should exercise caution and consider adjusting positions if price approaches this critical level
This invalidation level serves as a key risk management point for positions based on this analysis
This creates a clear strategic boundary for:
Risk management
Position sizing
Strategy validation
Stop-loss placement
Trading Tip: Using daily closes rather than intraday spikes provides more reliable signals and helps avoid false invalidation due to market noise.
Invalidation Level: Elliott Wave Pattern Becomes Invalid Above $2,757
Daily closes above $2,757 would invalidate the current wave count
Traders should exercise caution and consider adjusting positions if price approaches this critical level
This invalidation level serves as a key risk management point for positions based on this analysis
This creates a clear strategic boundary for:
Risk management
Position sizing
Strategy validation
Stop-loss placement
Trading Tip: Using daily closes rather than intraday spikes provides more reliable signals and helps avoid false invalidation due to market noise.
Invalidation Level: Elliott Wave Pattern Becomes Invalid Above $2,757
Trade attivo
My EW count remains valid.
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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.