* 80/20 rule is applied for count wave
* Daily timeframe is the Major trend: Downtrend
* H4 timeframe is the Corrective: Uptrend (ABC group wave)
* H1 timeframe: (1, 2, 3... group wave) follow trend Daily timeframe
* Elliot wave rule is applied for Target 1 at wave 3 (38.2-23.6), Target 2 at wave 5 (fibo 0), wave 1 (61.8)
* Daily timeframe is the Major trend: Downtrend
* H4 timeframe is the Corrective: Uptrend (ABC group wave)
* H1 timeframe: (1, 2, 3... group wave) follow trend Daily timeframe
* Elliot wave rule is applied for Target 1 at wave 3 (38.2-23.6), Target 2 at wave 5 (fibo 0), wave 1 (61.8)
Comment:
Wave (3) of elliot rule is reached
Trade closed: target reached:
Wave (5) elliot rule completed
