ETHUSD Elliott Wave Technical Analysis
Mode: Corrective
Structure: Flat
Position: Wave (c) of (iv)
Direction: Wave (c) of (iv) is still in play
Details: Wave (b) ended around 3878 and now Wave (C) is in play which I expected to be end around 3050-2870 which will be my entry point.
Next Direction: Wave (v) which will complete the next higher Degrees Wave (3)
Target: 2640-2700 with 50% profit
Wave Cancel invalid level: Daily closing below 2717 with 10% loss
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.