A very simple analysis, which are normally the best...
We have completed waves 1, 2, 3 and 4 of an impulsive movement, and wave 4 respected the limit of wave 1, with favorable fib conditions (rejection at 61.8%, 100% extension of zig-zag).
Since wave 3 was extended (3x the size of wave 1), we shouldn´t expect much from wave 5. Therefore my target is $1, just above wave 3.
We have completed waves 1, 2, 3 and 4 of an impulsive movement, and wave 4 respected the limit of wave 1, with favorable fib conditions (rejection at 61.8%, 100% extension of zig-zag).
Since wave 3 was extended (3x the size of wave 1), we shouldn´t expect much from wave 5. Therefore my target is $1, just above wave 3.
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📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.