SLR 30 Min Chart Equilibrium Triangle 40% Correction 100% Gain
Updated
Here is another trade for everyone! In my trades I am hoping to find quick gainers for folks looking for short investment cycles as well as trades that can be held for long term higher returns. I intend to provide entry points, trade targets, profit gathering plans and stop losses. These trades are based on chart research, technical analysis , and current media/ market perceptions. I advise how I plan to take my unrealized gains(profit) from the trade until I have recouped all my initial investment. At this point you will be trading on house money.I also will point out at which point you can take the initial profit as suggested by the chart for quick gains. As always this is my trade opinion and the strategy i am implementing for my trades. Do your own research and never risk more then you can afford to loose. Please feel free to ask me questions and or comment your thoughts on my ideas.
Thank You & Good Luck!!
Entry Point .00005400
2) Target .00005598 (.5 FIB)
3) Target .00005747 (.618 FIB)
4) Target .00006081 (.786 FIB) Take Profit 20%
5) Target .00006506 (1 FIB) Take Profit 20%
6) Target .00007735 (1.618 FIB)Take Profit 20%
7) Target .00009723 (2.618 FIB) Take Profit 20%
8) Target .000011,711 (3.68 FIB) Take Profit 20%
Stop Loss .00004400 20% +/-
Close trade at .00011711 for 100% Gain
Remember to evaluate using your risk model and trading plan. This is a short term/ longterm trade. Patience is the Key! As always I will follow this trade and update it along the way!
Thank You & Good Luck!!
Entry Point .00005400
2) Target .00005598 (.5 FIB)
3) Target .00005747 (.618 FIB)
4) Target .00006081 (.786 FIB) Take Profit 20%
5) Target .00006506 (1 FIB) Take Profit 20%
6) Target .00007735 (1.618 FIB)Take Profit 20%
7) Target .00009723 (2.618 FIB) Take Profit 20%
8) Target .000011,711 (3.68 FIB) Take Profit 20%
Stop Loss .00004400 20% +/-
Close trade at .00011711 for 100% Gain
Remember to evaluate using your risk model and trading plan. This is a short term/ longterm trade. Patience is the Key! As always I will follow this trade and update it along the way!
Note
Nailed this one. From entry to target 5 almost 6 in less then 24 hours. Keep this one in your sights its not done!Note
We maybe coming to the end of this parabolic pattern. Such quick rise almost always looks to correct. I will be posting my thoughts on where it will land in a chart shortly. ThanksNote
We flew those targets and now we have a little consolidation after reaching target 8. I will redo this chart with new targets based on the recent surge on this coin. I still think it has room to go. Hope those following this trade made a nice little profit.Note
If you are still holding SLR I have an updated chart and a new target possible of 20890.
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