Position Mode

Timeframe: 4 hours

Typical Trade Duration: Several days to weeks

Ideal Use: Finding entry for long-term positions

Example:

ETH: March 09, 2023

• Combining elliott wave, and fibonacci, Quantum wave indicated a buy signal; adding high confluence to the setup

• Conditions

  • Buy Signal indicated by the green bar

    • Green wave is oversold

    • Yellow wave is oversold

    • Red wave is oversold

  • 1.618 Fib Extension of Wave W