Long
Elliott Wave experiment YFII/BTC
Long YFII/BTC
Elliott impulse wave, new to this trading technique.
Wave 1 found resistance at 0.236 fib level (damn that is nice), retraced and found support on previous resistance.
Decreasing volume in Wave 2
Wave 3 set to begin, watching 0.5 and 0.618 fib levels as targets.
Elliott impulse wave, new to this trading technique.
Wave 1 found resistance at 0.236 fib level (damn that is nice), retraced and found support on previous resistance.
Decreasing volume in Wave 2
Wave 3 set to begin, watching 0.5 and 0.618 fib levels as targets.
Note
UPDATE: Resistance level 0.307xx failed.
Stop not triggered yet, but weakening of the upward trend
Note
Also strongly correlated with FYI/BTC, which is having a big red day so far
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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.