COFFEE possible Elliott wave countsHere are possible wave counts of coffee on higher time frame to lower time frame like, Daily time frame to 4 hourly and 4 hourly to 1 hourly.
Possible wave counts on daily time frame
Possible wave counts on 4 hourly time frame
Possible wave counts on 1 hourly time frame
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Coffee_setup
Target-1 Near | +75% Gain on DipBuy in 30 days | Coffee DayFirst, allow me to beat my trumpet, please.
Here's a reminder of the Trade Plan given on 12th Dec 2021
(See my trade idea on TradingView titled:
"Coffee Day opens up 2 wild targets that can help swing traders profit up to 300%?"
Trade Plan
- Entry: Test Entry on market open.
- Add on pullbacks at 44.15, or worst case up to 40.20
- Initial Stop Loss (ISL): Below 38.80
Potential targets for the upcoming first half of 2022 are;
Tgt 1 = 76.80 (+55%)
Tgt 2 = 89.55 (+80%)
Tgt 3 = 99.45 (+100%)
What's happened so far.
Test entry taken at 53.20, then added on dip at 49.60 on 13th Dec
Waited as per plan added furthur on dip at 41.30 on 20th Dec
Fingers, hands all crossed, since then.
Thankfully ISL kept at structure was perfect.
Based upon add levels currently stock has returned +75% on the least risk position. ( Which is still open since )
Average return on the stock holding currently = 34.97% (100% buys still open)
Can you see the pattern?
How many similarities can you spot with my studies shared on Dwarkesh Sugar?
What have you learned from these studies and updates, and how will you apply and gain from it?
Thank you for checking out my content. Hope you liked It.
👇👇 Check my idea snapshot image dated : 14th Nov 2021
See below Related Idea:
Coffee Day opens up 2 wild targets that can help swing traders profit up to 300%?
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