As shown on the chart, based on Elliot wave count, the corrective wave 4 has ended, this give an opportunity to trade the last motive wave 5.
This is in confluence with the 50 to 61.8 fib level of BC a 5-0 pattern, expecting to trade the D leg
The risk reward ratio is 3.7
If you find this idea useful kindly follow and like.
Thank you
This is in confluence with the 50 to 61.8 fib level of BC a 5-0 pattern, expecting to trade the D leg
The risk reward ratio is 3.7
If you find this idea useful kindly follow and like.
Thank you
