SELFKEY - Trend Reversal? (Elliott Wave)
Updated
Looking at a possible trend reversal for KEY. We've got a clean impulse wave up with a well defined sub-division for Wave 1. The 1st sub-wave of Wave 3 is currently and the next target is the 3rd sub-wave of Wave 3.
Entry - 160-165 Satoshi or enter on the breakout of the resistance line.
Target (Short term - sub-wave 3 of Wave 3) - 224
STOP LOSS - 145
Entry - 160-165 Satoshi or enter on the breakout of the resistance line.
Target (Short term - sub-wave 3 of Wave 3) - 224
STOP LOSS - 145
Note
Another deep retracement for Wave 2 which eventually bounced off the support line.UPDATED Sub-Wave 3 Target: 205
I'll be bearish on KEY if we fail to break on the upside. I've also got a Bearish view on KEY:
Trade closed: stop reached
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