Sell: 24680
Stop: 24720
TP: 15000
TP: 10000
Stop: 24720
TP: 15000
TP: 10000
Comment:
Comment:
You can see that our wave 4 (assumption) is still below 24710. So wave 4 this conbination is still satisfied until now.
Although there was a violation, it was corrected immediately.
Although there was a violation, it was corrected immediately.
Comment:
In case the price level 24710 is strongly breached, and wave 2 (minor - black) does not fall deeper than 23300 (it is usually located at 23100-22800)
Then the elliot wave will probably run to the 30k region in this form.
So you should pay attention to 2 levels:
If price falls below 23300 (early signal 23600) keep short below 20k even 10k with stop 25200
If price closes above 24710. Hold Long to 30k with stop 23300
Then the elliot wave will probably run to the 30k region in this form.
So you should pay attention to 2 levels:
If price falls below 23300 (early signal 23600) keep short below 20k even 10k with stop 25200
If price closes above 24710. Hold Long to 30k with stop 23300