I am not a indicator trader and I never use them in Forex or any other big market but to be honest for penny markets indicators work better than Elliot wave. I usually use basic Elliot concept + Indicators to trade penny.
This one shows some good volume and also the price close above the T-Line( 8ema) and 50 day sma
Keep it going as long you see a sell signal and close bellow the T-line
This one shows some good volume and also the price close above the T-Line( 8ema) and 50 day sma
Keep it going as long you see a sell signal and close bellow the T-line
Note
this is the possible target and stop lossuse SAP for stop loss , easy hahahahha
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.