I have updated the trade with the wave 3 close price which is about 100$ above what I estimated it to be. That does not change very the entry point since C is usually about 1.6 of wave A and normally closes a bit above 4.
Another update on this trade, I have noticed that when I have drawn the buy/stop loss, the green/red bars where not showing very precisely the risk vs reward and risk. I will have to work a bit more with tradingview to be able to manage the UI better.
Basically, instead of 1:2.6 ration on risk vs reward it is actually 1:3.5
Another update on this trade, I have noticed that when I have drawn the buy/stop loss, the green/red bars where not showing very precisely the risk vs reward and risk. I will have to work a bit more with tradingview to be able to manage the UI better.
Basically, instead of 1:2.6 ration on risk vs reward it is actually 1:3.5
