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Running Flat Elliot Wave Correction

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People are focused on the 4H charts and forget to see the whole picture of this correction.

Potential set up but YOU HAVE TO WAIT FOR THE MARKET TO DEVELOP!! (put a position at the end of this set up - no short positions right now!)

A Running Flat Elliot Wave correction is when the wave B will travel past the beginning of wave A.
Then, wave C will retrace more than 100% of wave A.

See chart for price targets.

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Nota
Price moving down as predicted.. too early to say that we will continue lower but for now we are on track.
Nota
First target price : 40k usd
Dagangan aktif
Everything is going according to plan.
Dagangan aktif
target of around 40k was reached a few weeks back(42k).. Time for a small bounce before heading lower
Dagangan ditutup: sasaran tercapai
Target reached! Closing this trade.

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.