Zilliwa wave 4 Elliot Waves Analysis on 4HR chart is about to end. Range 1615-1630 sat
It will pop about 20%. In our case wave 1 is longer than wave 3 and wave 3 by the rules of Elliot wave theory can't be the shortest. Considering wave 3 is 14% increase and 1st wave was about 17% increase, it would mean that wave 5 will be more than 17%. The next resistance line that wave 5 will hit is around 1907 which is around 22% increase. My 2 cents ;). I will actually post on my account my chart.
Buy between 1615-1630
Sell 50% at 1900
Sell 50% at 2000
It will pop about 20%. In our case wave 1 is longer than wave 3 and wave 3 by the rules of Elliot wave theory can't be the shortest. Considering wave 3 is 14% increase and 1st wave was about 17% increase, it would mean that wave 5 will be more than 17%. The next resistance line that wave 5 will hit is around 1907 which is around 22% increase. My 2 cents ;). I will actually post on my account my chart.
Buy between 1615-1630
Sell 50% at 1900
Sell 50% at 2000
Trade active:
So, I realized I made many drawing errors and calculations on this trade.... a lot of FOMO made my decisions for me. However this update should do the trick. Been studying the chart since yesterday. Buy zone will be between around the .618 fib retracement. Buy between 1630-1647 sats
Sell target 1890-1900 sats.
This will take about 2 days to complete ( I think)
My 2 cents.
I'm publishing this more so because I want to look back 3 months from now and see how much I improved. #notinvestmentadvice
Sell target 1890-1900 sats.
This will take about 2 days to complete ( I think)
My 2 cents.
I'm publishing this more so because I want to look back 3 months from now and see how much I improved. #notinvestmentadvice
Comment:
Also hoping someone better sees any errors and gives me feedback. Best way to improve.