Long

OMGBTC 100% potential gain 3rd wave move

By Jackson-VAD
Updated
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!
Comment
Ending diagonal wave spot at C
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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''

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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.

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Trade closed: stop reached
Chart PatternsOMGBTCTrend AnalysisvadWave Analysis
Jackson-VAD

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