Elliott wave and ending diagonal pattern

23 thg 4, 2020

Hi traders. As you can see my chart and Elliott waves, I think 4th wave of impulse wave has finished and we are in 5th wave that seems it's an ending diagonal pattern. However we can see a parallel channel for impulse wave and red lines as good resistances. Also MACD, ADX and RSI are bullish. As a result, around 213$ will be my sell point. If my analysis play out well, we'll see an ABC correction after.

Disclaimer!
This post is a personal analysis for my educational purpose so doesn't provide financial advice at all. please do your own research. You must be responsible for your trading only!

29 thg 4, 2020

Đóng lệnh: đạt mục tiêu

As you can see, the first target reached, but 3th wave has not finished yet. please notice, 4th and 5th waves will remain!