TradingView
MelvinGst
Dec 25, 2021 9:29 AM

Long VETUSD - Elliott impulsive waves phase 3 BULL-RUN Long

VeChain / US DollarBinance

Description

It's not too late to jump on the bandwagon, as phase 3 of Elliott's impulsive wave offers us a nice price target.

We saw the bottom of the wave 2 correction that went for the 0.786 Fibonacci retracement towards the $0.056 price. This indicator is powerful to launch the phase 3 of our impulsive.. We can see that we have strongly started the bull-run of phase 3 to go for the top of it.

The minor target is $0.35.
The major target is $0.41.

Personal position at $0.07.
Comments
ensky
count wrong waves
MelvinGst
@ensky, thanks for your reply ! I made a mistake for mediums waves but majors are true.
More