PLAN B MEDIA PCL
Long
Updated

PLANB | Elliott Wave Projection - Leading Diagonal 5-Wave

249
Price action and chart pattern trading
> Wave projection - Leading diagonal pattern with a possible 5-wave uptrend
> Entry @ pullback and breakout downtrend line wave 2 and wave 4 near lower support of uptrend wave channel.
> Target @ previous primary wave 3 | 0.786 - 1.0 zone +30% upside
> Stoploss @ upcoming wave 3 and upcoming wave 5 zone -10% downside
> Risk reward ratio 2:1

Always trade with affordable risk and respect your stoploss
Trade closed: target reached
TP @ 9.05 zone, possible ABC correction zigzag: snapshot

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