Price action and chart pattern trading
> Elliott Wave Projection - Rising triangle wave ABCDE breakout pattern
> TP1 @ Upper channel resistance wave v leading diagonal - 1.382 extension of wave iii +12% upside
> TP2 @ 1.618 extension of wave D +18% upside
> Stoploss @ SMA20 - 6-7%
> Risk reward ratio: 2.5-3:1
Always trade with affordable risk and respect your stoploss
> Elliott Wave Projection - Rising triangle wave ABCDE breakout pattern
> TP1 @ Upper channel resistance wave v leading diagonal - 1.382 extension of wave iii +12% upside
> TP2 @ 1.618 extension of wave D +18% upside
> Stoploss @ SMA20 - 6-7%
> Risk reward ratio: 2.5-3:1
Always trade with affordable risk and respect your stoploss
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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.