ethostrader

ESTC - Corrective movement in the downtrend

Long
BATS:ESTC   Elastic N.V.
Alignment and partial compression of multitimeframe fibo clouds signal an increase in the probability of reaching the first target. The final target is a possible bonus with a risk-return ratio of 3. Risk management with realization of the first target and moving the stop loss is an indispensable part of this operation.
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