Potential expanded ending diagonal scenario for this asset. Price action is likely heading downward to made an interesting and profitable 3th wave of the expected bearish impulse wave 3 of that triangle / megaphone hypothetical scene. Key levels for watching on that 30m chart, plus Chaikin Money Flow divergences. Bear flag breakdown expected for soon on 4h chart -...
EGLD Elliott Wave trade idea
I think we have an expending leading diagonal for wave A or 1 , an ongoing WXY complex correction for wave B or 2 that I think will bounce into the blue box.
Let's see how the market develop from here. I will update count later.
I am long for short term also I will take this trade for at least a C wave with entry form the blue...