UnknownUnicorn182749

Short BKNG after 5-down, 3-up

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NASDAQ:BKNG   Booking Holdings Inc. Common Stock
This 30m chart of BKNG (formerly Priceline Group) shows the standard "5-down, 3-up" pattern that is the most basic sequence in Elliott Wave theory. The corrective rally simultaneously hit the 50% Fibonacci retracement level and trendline channel resistance. Initiating a short position at 2110 and looking for price to roll over into the end of the month. Immediate profit target at 2035 with an extension lower. A move above 2185 invalidates the setup.
交易結束:目標達成:
Target hit - closed trade for profit.
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