Elliott wave trade setup H4
monitoring the start of minute wave ((5))
minute wave ((5)) should develope in 5 motive waves (impulsive/leading diagonal)
confirmation level: price break up steadly over 3350 area
invalidation level: price break steadly lower 3275 area
Trade active
to confirm the start of minute wave ((5)) price must break 3365 area and gain momentum. Otherwise it looks like minute wave ((4)) is not ended yet.
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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.