I don't base my strategy on Elliott theory i use it only
rarely for help. When we look at 4h interval we can see a bullish triangle before the potentially breakout i think its possible that the price would for one time tounch the hypotenuse of the triangle.
then after the market breaks the resistence line and go back whith forming high 1 or high 2 signal after the first trend candle it will be a ideal opputnity for long.
rarely for help. When we look at 4h interval we can see a bullish triangle before the potentially breakout i think its possible that the price would for one time tounch the hypotenuse of the triangle.
then after the market breaks the resistence line and go back whith forming high 1 or high 2 signal after the first trend candle it will be a ideal opputnity for long.