Elliot Wave double with strong rejection at upper resistance
Yellow Bands - support and resistance within my trading range
Arrows - Not exact I will watch price action as price continues to play
Dotted Lines - Alternate Theories
Yellow Bands - support and resistance within my trading range
Arrows - Not exact I will watch price action as price continues to play
Dotted Lines - Alternate Theories
Trade closed: stop reached
Alternate theory executedPrice pushing to a higher resistance
I believe this will still play to be a double for now
I removed the trading range and placed a line of support at the swing high of the correction at A; I want to see how price plays in that zone
will update as structure becomes clearer
Trade active
Alternate theory validated price pushing to new resistance levelDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.