Good Evening,
Plausible long opportunity via UC. As illustrated above, price action is respected channel. By charting Elliot waves we can evidentially see that we are are on leg E (highest correlation with breakout). In confluence to being on leg E, price is now oversold on three levels 4h, 1D, and 1W time frames. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence.
Thanks,
Trade Wisely
Plausible long opportunity via UC. As illustrated above, price action is respected channel. By charting Elliot waves we can evidentially see that we are are on leg E (highest correlation with breakout). In confluence to being on leg E, price is now oversold on three levels 4h, 1D, and 1W time frames. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence.
Thanks,
Trade Wisely
Comment:
Price isn't giving us any reason to go long.
Trade closed: target reached:
TP 1 achieved
Trade closed: target reached:
TP 2 achieved trade closed
Trade closed: target reached:
TP 3 achieved, final target reached. :)