EJ Short after pull backMarket pulled back to mirror level, we are likely to see this pair drop down to 126.800 or down to 125.500 to complete the AB=CD pattern on the daily time frame
Toptrader
ETCBTC - Just bounced from strong fibo level - Trade AdviceWe just noticed basic ~30% retracment from the 3rd eliott wave, 5th wave is about to come and we need to join the train before it goes away, there is really good risk/reward ratio as our stoploss is going to be slightly under 20% and our profit potential is way way higher than 20% so thats the deal we want to look into.
HOW TO TRADE ETC :
- Buyin Range : 0.003447 - 0.003742
- Stoploss: 0.002897
It is very strong resistance level that already been tested previously and seems to be unbreakable so far, the good thing is that it is only 20% from our "lower buyin range"
- Targets :
1. 0.00425
I will keep targets updated after 1st is about to get reached.
On the first target id say that you could sell arround 25% just to secure some profits and wait for 5th eliott wave to develop.
If you got any questions feel free to comment - I will gladly answer.
If you appreciate my work you can leave a tip:
BTC: 12Mefu55gj5cyxYTEX82FqcxsUADhKFMhJ
ETH: 0xd6e9819f0c5044fff6186826aad193c650c02502
LTC: LgzwNFwEQGUSCNLzD1nb8qv35iQ7KnJCV8
Adios!
