Short
REN Short to VAL
REN decent short to VAL
4.854
5.854
5 wave impulse also done (if you count the first small impulse)
4.854
5.854
5 wave impulse also done (if you count the first small impulse)
Note
This is where Elliot can mislead you, especially with altsWe entered a 2nd time and are in profit - this time we had many more confirmations as follows:
- 4 hour bear div
- Preliminary Supply tested
- Bearish candle with higher selling volume
- Negative delta
Was the test of VAH enough confirmation? Probably not. Here we have re-entered on more confirmations on the 2nd opportunity, looking to TP at the VRVP VAL
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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.