$NEAR #NEAR Time for some Weekend Scalps

Zaktualizowano
downside should be limited,
shouldnt get anything major over the low volume weekends, alts could get nice rallies. 0.236 - 0.382 are GREAT areas to bank some profits (ideally wanna derisk or close by premarket on Monday), or let it run.
a 5 wave move down is clearly visible, however an ABC count is preferred here as it hit the targets and stayed just above the 1.618.
its BULLFLAGS forming market wide, as long as range holds.
These setups are scalps, short term. Yes you can accumulate or trade spot if you'd like, not looking to hold a LT position at these areas, not without a clear breakout thats been retested (we can just buy the daily doji on the close)
LFG!!
Uwaga
0.5 fib was taken out, favors move down completed.
move down made another low, favoring ABC, stayed within 1.618 extension.
snapshot
we favor ABC. Bull Flag forming, so we want to see a higher low on retest after breakout: snapshot
Uwaga
Invalidated the ABC by exceeding below 1.618.
So now we favor a largre correction as a i-v wave structure (the equivalent to a i-v impulse in bull market).
Should get some decent bounces in between
snapshot
Uwaga
Should be able to complete sequence like this.
At the very least, a nice bounce from this target zone
snapshot
Elliott WaveFibonacciTrend Lines

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