Im not convinced that we already have the five wave elliot structure, I think we should aim for the fifth wave.
based on:
Elliot wave structure
MACD Histogram inepratation for elliot
based on:
Elliot wave structure
MACD Histogram inepratation for elliot
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Moving the Stop loss to right below the resistance level
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Managing the position with laddering. In my view the downside is not strong enough
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Divergence on MACD and RSI
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Broke the 55 EMA to the upside
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I think there still is at least one more wave up. moved my stop loss to 749 and tp to 840
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Are we in a smaller subwave of a larger wave to make the fifth wave?
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Close trade at 10881. target nearly reached %1.6 scalping profit in less than 24h
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