Elliott Wave count suggests we'll see price go up for a wave 3 or C in impulsive fashion up to 2.53 at first.
Notice that we also have bullish divergence and a classic (potential) Head and Shoulder pattern, but this needs a push above the neck line to confirm which limits the profit potential.
We can use a break above the blue channel line as an indication that price has started reversing and should continue higher.
Invalidation for this count is at 2.19 but we could see price go up even after a small break below invalidation.
(This does not mean I won't stop my trade if Invalidation is hit!)
Notice that we also have bullish divergence and a classic (potential) Head and Shoulder pattern, but this needs a push above the neck line to confirm which limits the profit potential.
We can use a break above the blue channel line as an indication that price has started reversing and should continue higher.
Invalidation for this count is at 2.19 but we could see price go up even after a small break below invalidation.
(This does not mean I won't stop my trade if Invalidation is hit!)
הערה
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הערה
doesn't seem really inspired ...Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
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Questions? Chat or Comment on Ideas
Thanks !
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Thanks !
Questions? Chat or Comment on Ideas
Thanks !
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.