ahmadsaad83

PHBUSDT long Spot Trade

Long
BINANCE:PHBUSDT   Phoenix / TetherUS
PHBUSDT Elliott Wave Technical Analysis
Mode: impulse
Position: Wave (4)
Direction: Wave (4) is still in play
Details: Wave (4) is still in play which I expected to be end around 2.2-1.95 which will be my entry point.
Next Direction: Wave (5)
Targets :
  • TP1: 4.3 with about 100% profit
  • TP2: 4.9 with about 140% profit
  • TP3: the area between 5.2-5.4 with about 160% profit
Wave Cancel invalid level: Daily closing below 1.79 with 12% loss.

Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Trade active:

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.