Kava KAVABTC - Elliott Wave + Channel (NEW BULL MARKET)
- Kava is moving in Elliott Waves. Now i am expecting at least a retracement to 0.5 fib.
- On the monthly chart we can see a broadening wedge that can serve as a resistance or support in the future.
- RSI made a significant new high - the trend changed from bearish to bullish
- Impulse Elliott Wave is clearly completed on the main broadening wedge support
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature down below ↓
- On the monthly chart we can see a broadening wedge that can serve as a resistance or support in the future.
- RSI made a significant new high - the trend changed from bearish to bullish
- Impulse Elliott Wave is clearly completed on the main broadening wedge support
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature down below ↓
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