Beginners using Elliott wave are welcome to trade this. Price action is not so bad. Stick to the sched or get burnt.
This trade hit TP1
Still, nothing is guaranteed although I'm confident with this analysis as I took account of horizontal and diagonal resistance this time. My old analysis strictly used fib projections and not S/R lines and trend lines. I try to project fibs if I have absolutely no clue where price is going so it was disastrous for me.
This trade hit TP1
Still, nothing is guaranteed although I'm confident with this analysis as I took account of horizontal and diagonal resistance this time. My old analysis strictly used fib projections and not S/R lines and trend lines. I try to project fibs if I have absolutely no clue where price is going so it was disastrous for me.