#PAPERTRADE
CONFLUENCE:
- Regardless if it's a expanded W(B) for imcomplete ABC, or a W(5) for impulsive 5 waves or a W(Y) for a longer WXY complex structure, we're going up my guess around 9.5 - 9.7K. Let's see how high and how deep the pullback is
- 10K sounds like good FOMO number for the W(5) if we go to the extreme
- Also within the range of a W(Y) (9,700)
- RSI recharged in bullish zone at 4H TF (above 50)
- OBV high in 1H and 4H
- Too much confluence in terms of measurement within 9.5 - 9.7K
ENTRY:
- Laddered entry between 9.5 -10K
- 33% @ 9,630
- 33% @ 9,700
- 33% @ 9,820
STOP LOSS:
Around 10.8K
- which is above 1.618 ext for 0,W,X,
- above 0.618 ext for W(5) - impulsive count
EXIT:
- 33% at 50% ret (7,090) good SR level
- 33% at 61.8% fib ret (6,340)
- 33% at 78.6% fib ret (5,242)
POSITION SIZE: 100/0.12 = $833
RRR: 3.72
CONFLUENCE:
- Regardless if it's a expanded W(B) for imcomplete ABC, or a W(5) for impulsive 5 waves or a W(Y) for a longer WXY complex structure, we're going up my guess around 9.5 - 9.7K. Let's see how high and how deep the pullback is
- 10K sounds like good FOMO number for the W(5) if we go to the extreme
- Also within the range of a W(Y) (9,700)
- RSI recharged in bullish zone at 4H TF (above 50)
- OBV high in 1H and 4H
- Too much confluence in terms of measurement within 9.5 - 9.7K
ENTRY:
- Laddered entry between 9.5 -10K
- 33% @ 9,630
- 33% @ 9,700
- 33% @ 9,820
STOP LOSS:
Around 10.8K
- which is above 1.618 ext for 0,W,X,
- above 0.618 ext for W(5) - impulsive count
EXIT:
- 33% at 50% ret (7,090) good SR level
- 33% at 61.8% fib ret (6,340)
- 33% at 78.6% fib ret (5,242)
POSITION SIZE: 100/0.12 = $833
RRR: 3.72
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.