Long
OMGBTC 100% potential gain 3rd wave move
Previous analysis had been waiting for confirmation and now is the time to take the risk! Long term hold to 100% gain, will breakdown along the wave up.
TA:
- slightly over 61.8% retracement but double bottom and hold well
- corrective channel breakout
- RSI divergent
FA:
-nil
TP:
- channel high
- fib extension confluence
- pitch fork median line
-Conclusion:
Great project and going to Q2 this year 2018!
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
TA:
- slightly over 61.8% retracement but double bottom and hold well
- corrective channel breakout
- RSI divergent
FA:
-nil
TP:
- channel high
- fib extension confluence
- pitch fork median line
-Conclusion:
Great project and going to Q2 this year 2018!
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
Note
Ending diagonal wave spot at CNote
Note
Some tips for beginner who difficult to spot a wave count which is my previous struggle too. Change the candle setting to heikin ashi and magic happen. Enjoy. Would definately to start DCA into here or breakout to ''confirmation''Note
Update the detail count, previous count mistake I still holding this trade additional 5% risk to hold it reason with 5 subwave may be complete to finish a complete cycle.Trade closed: stop reached
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Related publications
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.