moneyflow_trader

$207.5 target w/ close above $121.80, C Wave Bull Flag Set Up

Long
moneyflow_trader Updated   
NASDAQ:ABNB   Airbnb, Inc.
The AD is showing a bullish divergence on the Daily Chart, However on the weekly chart you'll notice a Bull Flag Set Up w/ a bullish Elliot Wave Count. Currently I have a C wave buy set up, but for less seasoned traders I highly recommend buying the confirm breakout.

Somethings to point out
1) you'll notice the 5th wave was rejected by the B leg of the bullish cypher pattern
2) B leg of the ABC pattern was also rejected by the B leg of the Bullish cypher pattern
3) Its important that these levels be flipped from resistances to support w/ a bullish close over both
4) I have 2 targets min. Target 207.50-$210 C leg retrace of the bullish cypher, and a Max $220 which is a X leg retrace of the bullish cypher pattern
Comment:
bullish divergence on the daily
Comment:
by the AD
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I haven't touched the chart since May. Monitor price action during and after fomc.. A retrace to 131 (back to wave 2/b leg) sets up a bull flag pattern... We have a potential bearish abcd pattern set up... Protect profits
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would rather fill this gap now, rather than later
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30min chart, The AD is showing an Apex of the Triangle...
Comment:
when overlapped w/ price action on 30min, I get $131 adding puts here
Comment:
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Will hop off short soon target
Trade closed manually:
cashed my puts
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