this is a very funny pattern.
however market has the ability to go against these graphical presentation of the likely movements of the market.
most times it worked pretty good but you should be guided by the market's current rush.
well, this is the likely movement of the market with elliot wave count. the 3rd wave also has its 3 wave patterns and it is where the small bat is likely to complete for short term shorting and the 5th wave is where the elliot wave looks to complete and where the big boss cypher is going long term shorting.
however i have made use of previous resistant turning support and vice versa.
for you to trade this, please check for updates on this and should i forget please do remind me.
however, good entry
good risk to reward ratio
good luck
however market has the ability to go against these graphical presentation of the likely movements of the market.
most times it worked pretty good but you should be guided by the market's current rush.
well, this is the likely movement of the market with elliot wave count. the 3rd wave also has its 3 wave patterns and it is where the small bat is likely to complete for short term shorting and the 5th wave is where the elliot wave looks to complete and where the big boss cypher is going long term shorting.
however i have made use of previous resistant turning support and vice versa.
for you to trade this, please check for updates on this and should i forget please do remind me.
however, good entry
good risk to reward ratio
good luck