Idea for ETHUSD @ 25th July 2023
Accroding to the Elliott Wave rule, we are currently in the sub-wave 2, zigzag correction(5-3-5)
sub-wave a is an sell side liquidity, expect the price to take out the liquidity then toward to formed sub-wave c, and wave c is the best position to buy and hold it as long trade if you guys miss the buy trade at around 1075 level.
Because sub-wave c is Fibs 61.8% + Order Block and the price is going to take out the liquidity.
I'll expect to the price react at this zone and fly.
sub-wave a is an sell side liquidity, expect the price to take out the liquidity then toward to formed sub-wave c, and wave c is the best position to buy and hold it as long trade if you guys miss the buy trade at around 1075 level.
Because sub-wave c is Fibs 61.8% + Order Block and the price is going to take out the liquidity.
I'll expect to the price react at this zone and fly.
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t.me/RayShen
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