ADVANC | Elliott Wave Projection | Complex Inverted H & S
Price action and chart pattern trading
> Elliott Wave projection possible the end of Intermediate 4-wave downtrend
> Complex inverted head & shoulders formation ABC uptrend correction
> Bullish divergence in previous 5-wave downtrend confirmation
> Entry @ neckline breakout - RSI downtrend breakout
> Target @ C-wave uptrend 1.618 extension of A-wave near volume profile POC
> Stoploss @ B-wave right shoulder
> RRR: 2:1
Always trade with affordable risk and respect your stop
> Elliott Wave projection possible the end of Intermediate 4-wave downtrend
> Complex inverted head & shoulders formation ABC uptrend correction
> Bullish divergence in previous 5-wave downtrend confirmation
> Entry @ neckline breakout - RSI downtrend breakout
> Target @ C-wave uptrend 1.618 extension of A-wave near volume profile POC
> Stoploss @ B-wave right shoulder
> RRR: 2:1
Always trade with affordable risk and respect your stop
Zlecenie aktywne:
After double bullish divergence signal now follow buy entry @ SMA200 at downtrend wave bullish wedge breakout confirmation. The target bullish wedge estimated in the updated chart.
Transakcja zakończona: osiągnięto poziom stop:
New trade L setup: Bullish pennant pattern - small 5 wave| target+10%: