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Technical analysis by WoWAcEDuDe about Symbol AR: Buy recommendation (6/4/2024)

https://sahmeto.com/message/1955874
WoWAcEDuDe
WoWAcEDuDe
Rank: 4290
1.7

Bullish Flag / Elliot / Fibonacci / Liquidation

:Buy
Price at Publish Time:
$46
Buy،Technical،WoWAcEDuDe

After the first Elliott impulse wave, a correction of the second wave in the form of an ABC pattern was completed, forming a flag. According to the flag formation, there is potential for growth within the third wave towards the large liquidity pool zone and the 1.618 Fibonacci level. From there, a correction within the fourth wave is expected, followed by the formation of the fifth wave. Successful trading!

Source Message: TradingView
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