Corrective Structure ((a)) = ((c)) Elliott Wave.
By using Fib. Retracement wave ((a)) = ((c)) at 1307
There's highly confident trade setup can be below ((a)) = ((c)) for bottoming out.
The price is under the wave ((5)) of wave ((c)).
By looking closely, it's time to take entry in the deeper price for a u-turn.
The wave ((a)) and wave ((c)) also sign of a turning. This is a beautiful structure.
The whole corrective structure by using Elliott wave.
A parallel- Channeling technique :
Shortly, I will add more research on this post.
By using Fib. Retracement wave ((a)) = ((c)) at 1307
There's highly confident trade setup can be below ((a)) = ((c)) for bottoming out.
The price is under the wave ((5)) of wave ((c)).
By looking closely, it's time to take entry in the deeper price for a u-turn.
The wave ((a)) and wave ((c)) also sign of a turning. This is a beautiful structure.
The whole corrective structure by using Elliott wave.
A parallel- Channeling technique :
Shortly, I will add more research on this post.
Note
5 waves structure of extended wave ((3))
of wave ((c)) and Parallel channeling technique.
A parallel channel for finding wave ((5)) of wave ((c))
Trade closed: target reached
The price is moved expected.
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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.
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.