Between Two Setups: FLO
FLO has an upber bullish long term price fractal. Wave 1 alone, of the the larger third wave (Circle iii off screen) should take us to 28 cents. However, we have very sloppy price action locally making short term direction questionable. It is possible that we are in red count, but the red five up may also be c of white b. The large box below is long term support down to .006 so waiting so having a tight stop on the red count is important, and if below the point marked red circle ii, this setup is unlikely and we may be heading down to white circle ii.
Note that free 15 day trials are available for our trading room and community on Elliott Wave Trader, where I am a full time analyst. You'll rub noses with professional, amateur and traders in the learning process, while getting trade calls and ongoing direction for the market. No credit card is needed for a trial.
Note non of my work, including the larger body of work for subscribers is intended to be a trade recommendation a I do not know your financial means, or risk tolerance. These are valid setups that can provide return, if using tight risk management with stops.
Just joined Elliott Wave Trader, psyched to be a part of the community.
Nice! Check out pinned posts for important posts as you learn. I'm on a bit right now, but starting to wind down for the night. If on trial you can't PM me. You can talk to me through Thomas, concierge, but I'm also on Twitter during the day, so feel free to DM me there @rwilday. Action really sucks right now in the big coins, so be patient. ;)
I'll definitely check out the pinned posts. I'm fully signed up and committed... might be in a trial stage for a few weeks, but I consider EW Trader to be a long-term investment. I'm also patient, so no worries there! I'm excited to learn more about Fibonacci pinball, and how Waves 1 and 2 can really influence the following Waves.... Very happy to have taken this step.
Cool. PM on the site if you need a path to anything. Garrett leads education and his presentations in help are a must. Not everyone wants to learn. I was a member for 2 years before I was hired on.
it is professional
You are very good I always see you
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