Elliott wave Ethereum analysis 14.11.2023

The ETHUSD market is forming a bullish impulse wave [A], which consists of five main sub-waves (1)-(2)-(3)-(4)-(5). The first four parts have already been finished. The final rising wave (5) is currently unfolding. Expect completion of correction 4 within impulse (5), and then growth in sub-wave 5 in the direction of level 2176.00. At the indicated level, wave (5) will be 123.6% of impulse (3).

Trading plan for ETHUSD for today:

Buy 2060.80,

Take profit: 2176.00.



Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission
.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.