In our last Cardano analysis, we identified that we were in the 5th wave and we were anticipating a breakout. Wave E of the descending correction fell short (as it does sometimes) and we had a nice breakout.
The plan of action is as follows:
- Watch for the retracement
- Draw a trendline on the retracement (corrective price action)
- Enter on breakout of correction
- Target the highs and HODL the rest
Goodluck and as always, trade safe!
The plan of action is as follows:
- Watch for the retracement
- Draw a trendline on the retracement (corrective price action)
- Enter on breakout of correction
- Target the highs and HODL the rest
Goodluck and as always, trade safe!
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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.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.