ARB Plan 0.04

5 Jan

The arb’s graph is moving in an Elliott wave pattern. Wave (3) has a 1-2-3-4-5 subwave structure, which is an impulse wave. Now, it is increasing in wave 3 of Wave (3), which is a correction double combination. Wait for wave 3 to complete and then enter the trade at wave 3 to target wave 4. However, one shouldn't trade against the trend. We should wait for wave 4 to complete and then enter the trade at wave 4 to target wave 5 of wave (3).

6 Jan

Catatan

entry 1 long 1.700

11 Jan

Catatan

End the plan arb

tp 2.673