BGRIM | Elliott Wave Analysis - Leading Diagonal Cup Handle
Price action and chart pattern trading
> Cup & Handle pattern with a leading diagonal wave forming the cup handle, possibly iv-wave correction targeting EMA70 slightly below the lower channel support
> Expecting a candlestick tight formation for reversal pattern formation before entering a long entry.
> The target 3-wave confirmation should break out the upper channel resistance.
> The final target of cup & handle at 2.618 extension zone
> Cup & Handle pattern with a leading diagonal wave forming the cup handle, possibly iv-wave correction targeting EMA70 slightly below the lower channel support
> Expecting a candlestick tight formation for reversal pattern formation before entering a long entry.
> The target 3-wave confirmation should break out the upper channel resistance.
> The final target of cup & handle at 2.618 extension zone