buying calls on the formation of right shoulder. just trying out elliot waves here for 3 month option calls don't follow me lol
Just some playing with fib extensions lol don't follow me.
1-5 wave impulse could do min target of that yellow bar, if reverse hns plays out. 1-5 wave elliot wave could go higher though count the wave set. Just estimate targets not accurate of course.
Just some estimates and possible scenarios. There are a few scenarios just waiting on more price action to see. Bullish longer term though. I would rebuy after the 5 wave is done and a requisite correction has completed say .50-.786 retrace.
In the middle of 3 wave being completed. not exact target or time but you can count elliotwaves inside the impulse sets.
trying to sell on 5th wave don't follow me
Not exact target or time frame, I just know from 1-5 impulse elliot wave set that there is a correction so i'll be buying puts after we finish our B wave rally. just testing some ta out don't follow me.
adam eve potential, not confirmed until we breach neck line. orange line shows minimum target. but out to bust through that. Not exact targets just using fib extensions to estimate. You can confirm top of waves by going in 4hr and 1 hr and counting 5 waves up.
entry on blue 2 wave, stop loss below start of 1 wave. ladder out by selling on 3 or 5. make sure the count the impulse waves these are not exact targets of course
bounce off 786 fib line like prior tests. I'm buying put option with target near 382% fib line. I'm still new to this constructive crit is nice