2 potential ab=cd patterns that bounced off their 61.8% fib retracement.
PA just oblivious to 400 EMA and 200 SMA, Did bulls just suddenly go extinct?
I know initial target 1 p/L ratio is 1:1 but I have a bigger target in mind, we'll see when I shell off half of my position and move SL to break even.
Trying to look for long entries based on ab=cd minimum projection.
Also there's a 50% retracement last impulse wave, Im guessing it will also retrace 50% this time as a clone making elliot waves 1 and 2.