ETHUSD daychart analysis (fibonacci + Elliott Wave Principle)
The ETH is completed wave one and waves two and wave 3 is still running, so for if wave three don't break the wave two's lowest(596.1), then the ETH still in the bullish.
In the Fibonacci, we can enter an order at the 0.318 level which is near 631 or if you are positive trader than enter it now is fine though, and put the stop loss at 570, and the target is 868.
Wishes everyone who has seen this idea can earn money!
good luck!
In the Fibonacci, we can enter an order at the 0.318 level which is near 631 or if you are positive trader than enter it now is fine though, and put the stop loss at 570, and the target is 868.
Wishes everyone who has seen this idea can earn money!
good luck!
Trade closed: stop reached:
Unfortunately, ETH is weakness than I thought.
Despite Elliott wave does not working, but Fibonacci strategy still effective.
Despite Elliott wave does not working, but Fibonacci strategy still effective.