Hey all- As you all might have seen my different perspective based on trend lines and indicators. This one is dedicated to Elliot wave
If history repeats itself and we have a top already @ 6.2k levels. This is how it could potentially unfold. Last rally was retraced to 38.2% and based on that the target range is 4.2-4.3k levels.
Just keep in mind that new ATH makes everything invalid.
But i definitely see this drop coming and it should .
Lets see how market reacts.
If history repeats itself and we have a top already @ 6.2k levels. This is how it could potentially unfold. Last rally was retraced to 38.2% and based on that the target range is 4.2-4.3k levels.
Just keep in mind that new ATH makes everything invalid.
But i definitely see this drop coming and it should .
Lets see how market reacts.
Comment:
A reached.
Comment:
short closed:)
Comment:
have my shorts open at 5880.
Trade active:
working just fine