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wolffarchitecture
Feb 26, 2022 3:45 PM

ETHUSD Timing for long set-up Long

Ether / United States DollarCoinbase

Description

Based on Elliott wave principles, looking to add to Long position. Short/ Medium term LONG.

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Almost there, just be cautious at this point but my rule is to wait for conformation

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Will also look for BTCUSD , to make its first high above B-Wave

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Downward C-wave is still a possibility until HIGH is taken out.
Would rather buy there , lets see where this goes.

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May get stopped out of small/ test starter position, keep aa watch on the candle volume if the red candle is higher it may go lower

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Adjusted TEST/SMALL position STOP to 2,792 incase the 2,800 (big number) sucks the price action down to it

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negative volume ticked up, likely starting the C-wave.

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Plan to ride the bounce up as best I can then plan to close the position.
That why these are small

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Just closed the position, watching to let things mature more and try again

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