🎯 Previous downside target was hit, $8. Price dropped hard, changing the Elliott wave count completely, stopping at the golden pocket. Wave (Z) of B appears complete, but we need to see a structure change to add confirmation.
📈 Daily RSI went deep into oversold and has no printed bullish divergence
👉 Continued downside has a target of the High Volume Node bottom, $7
Safe trading
🎓 PhD Econ: Market Psychology
📈Trader / Investor 15Y
👑 Master Trading Plans, Signals & Strategies: tradesignals.substack.com
🏆 Market Psychology & wealth growth techniques: marketpsychologist.substack.com
📈Trader / Investor 15Y
👑 Master Trading Plans, Signals & Strategies: tradesignals.substack.com
🏆 Market Psychology & wealth growth techniques: marketpsychologist.substack.com
Related publications
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.
🎓 PhD Econ: Market Psychology
📈Trader / Investor 15Y
👑 Master Trading Plans, Signals & Strategies: tradesignals.substack.com
🏆 Market Psychology & wealth growth techniques: marketpsychologist.substack.com
📈Trader / Investor 15Y
👑 Master Trading Plans, Signals & Strategies: tradesignals.substack.com
🏆 Market Psychology & wealth growth techniques: marketpsychologist.substack.com
Related publications
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.
