CGD | Elliott Wave Analysis | Triangle Breakout +30% Upside
Price action and chart pattern trading:
> The current price crossover above EMA200 with squeezed symmetrical triangle pattern.
> A possible ABC 1-wave uptrend breakout with potentially +20 - 30% upside
> Entryema200 zone
> Target 1 @ 0.786 - 1.0 fibonanci extension level +20% upside
> Stoploss @ right shoulder pattern wave b position -8%
Always trade with affordable risk and respect your stoploss
> The current price crossover above EMA200 with squeezed symmetrical triangle pattern.
> A possible ABC 1-wave uptrend breakout with potentially +20 - 30% upside
> Entryema200 zone
> Target 1 @ 0.786 - 1.0 fibonanci extension level +20% upside
> Stoploss @ right shoulder pattern wave b position -8%
Always trade with affordable risk and respect your stoploss
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