couple things
I am taking this trade form here.
anything lower and I will add more longs.
SL under red box ( .00008062 )
TP at top of Green box.
1:1 ration from fib extension of wave 1
could go a lot higher assuming this is wave 3 aka the most violent waves.
Good luck everyone
like this post and comment pls.
also share with friends and follow me if you would like to see more!
- Fibonacci .618 golden ratio was just hit
- Yellow ABCDE is putting in the E wave
- Purple Descending Triangle is reaching Apex. needs breakout.
- great R:R due to this being at the bottom of the Triangle and on the Fib the confluence helps a lot.
I am taking this trade form here.
anything lower and I will add more longs.
SL under red box ( .00008062 )
TP at top of Green box.
1:1 ration from fib extension of wave 1
could go a lot higher assuming this is wave 3 aka the most violent waves.
Good luck everyone
like this post and comment pls.
also share with friends and follow me if you would like to see more!
Trade active
Longed here like I said.We can get a bounce but we MAY not see a lower low on that triangle.
GL
Note
same concept just thought I maybe the triangle could be bigger and eat up more time.this is what I see now
Trade active
looking VERY GOOD.I think we will move up from here but keep SL of course.
Congrats if you laddered in this one or caught anything close to the bottom.
this all depends on BTC and ETH now but I do believe we will be going up to my target.
im long term BULLISH and short term bullish based off my analysis of patterns and EW.
Note
Booyah!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.