Remember to take 1 step at the time. Just wait for good opportunity.
Areas of play are 7700-7800 short 6800-7000k long
I will probably play $6800 once i see some support over there. For now im still on bear side.
i will be very cautious with $6800 bounce, it "should" have good strength but i hate long term monthly view now.
We will probably hold 6800 level...
Long opportunity now, more channel side action for now until support or resistance break confirmed. Until than, just long support and short resistance, could take a while to get out of here.
Nothing complicated, one of my favorites times to trade because we often stay in patterns much longer than everyone thinks with plenty of plays between support and...
Everything explained in video.
Here is a Elliot wave break down from mid June
There is i one more channel i forgot to mention about in video, but we will have plenty of time to talk about it.
See you next time, trade smart, dont fomo.
Everything explained in video, sorry for 20 min long but wanted to show everything what i think about it.
-We could see another 70% gain historically from the EMA cross which puts us at 17k target
-Same thing shows Elliot Wave theory if we get 261 ext for wave 3 and 78.6 for wave 5.
-Watch for 21EMA and 55EMA on 4hr which confirms uptrend strength.
Good luck and...