.../GC trade based on Elliott theory... ...Using Elliott Wave theory when it applies... Last night it applied...The logic behind the trade was recognizing the impulsiveness of the legs up...A wave 5 needed to be exhausted to complete the entire wave...
The trade was closed at the best possible prices and the best possible time...I did not just sell on the pop... ...1880 triggered the pre-measured OCO order that was in place {step # 3 chart}...
In the chart you can see a full and complete Elliott wave...Triple confirmation {555}... Follow the numbers of the different colors to see how they all fit into the completion of an entire impulsive price move... ...As soon as the wave completed, prices dropped dramatically...as expected...
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