Possible long term wave counts. I'm pretty bad at Elliot , I don't know all of the rules, so feel free to correct me!
Magic Fibo Target @ 1.25473..
Magic Fibo Target @ 1.25473..
Note
So far, so good.Trade active
Wave 1 and 2 turned out pretty much exactly as I guessed.Wave 2 retrace was a little bit deeper than I forcasted. That's all good with me.
We're off to see if we can catch a huge wave 3!
Trade active
Huge buy opportunity if price breaks above approximately 1.14770 to 1.15000.. I believe the odds are in favor of an impulsive move towards completing a 'Wave 3'.. That's exciting!
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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.