ETHUSD weekly timeframe Elliot wave analysis. Long!!
The new trend to the upside seems to have started for ETH against USD. Market structure has broken. The targets are represented as rectangles. Also a weekly double bottom at play. A break and close below 300 invalidates this. Also with ETH 2.0 it can see a substantial pump up soon. A good 6 RR swing trade. Not a financial advice. Hope it helps.
Transaction en cours
The price have moved higher as expected from 400 region where the call was initiated. The formation of the 3rd wave is still in play and ends near 680-690 region.Note
The first rectangle target has been breached to the upside, let the show run.Note
All targets have been reached. A new idea coming soon. Let me know if you enjoyed this trade.
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Join my telegram channel!
t.me/yoursagetrader
t.me/yoursagetrader
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.