Easy setup for a quick trade, it's an ending diagonal + abc below the structure.
You get the Fibonacci retracement tool there and go for 618 retracement as entrance, and -0.272 | -0.618 profit levels.
Just try this in the past and see it for yourself: how many times does this combination of behavior has happened before?
Hello, I'm Lito.
I've been studying the wave principle for a while now, and I have found that price movement shows us the market behavior.
...what is this? people call it elliott theory, but it's a principle. that word means description of the behavior,
but to be more precise: human behavior.
Our emotions into charts, movements in dynamics ups and downs, in an oscillator=diagonalish increasing financial market.
impulses + corrections, on the move every single day.
Some are slow, some are fast. there are days and moments of fast movements, and then indecision and slower movements show up.
There are ways we can study this behavior and it's called The Wave Principle, the book Elliott Wave wrote about.
If you want to learn more about it, read this chart. There's a link there.
See ya.
ps. you can study the chart by following figures. If you don't recognize any of them, maybe you should watch my videos. Follow the link in the chart.
You get the Fibonacci retracement tool there and go for 618 retracement as entrance, and -0.272 | -0.618 profit levels.
Just try this in the past and see it for yourself: how many times does this combination of behavior has happened before?
Hello, I'm Lito.
I've been studying the wave principle for a while now, and I have found that price movement shows us the market behavior.
...what is this? people call it elliott theory, but it's a principle. that word means description of the behavior,
but to be more precise: human behavior.
Our emotions into charts, movements in dynamics ups and downs, in an oscillator=diagonalish increasing financial market.
impulses + corrections, on the move every single day.
Some are slow, some are fast. there are days and moments of fast movements, and then indecision and slower movements show up.
There are ways we can study this behavior and it's called The Wave Principle, the book Elliott Wave wrote about.
If you want to learn more about it, read this chart. There's a link there.
See ya.
ps. you can study the chart by following figures. If you don't recognize any of them, maybe you should watch my videos. Follow the link in the chart.