ZRXBTC - Can go back and forth until confirmation is there...
Updated
ZRXBTC 4H UPDATE - 28/04/2018
I would not recommend to sell here as marginal new high cannot be ruled out but cycle is mature and pull back should be seen soon. Don't try to fade. Invalidation level to the downside is 19,234 and we are in a motive 5 waves from the lows.
I'll prefer to wait for confirmation of blue 1 completed and then buy the correction in a corrective 3 waves to the downside.
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
I would not recommend to sell here as marginal new high cannot be ruled out but cycle is mature and pull back should be seen soon. Don't try to fade. Invalidation level to the downside is 19,234 and we are in a motive 5 waves from the lows.
I'll prefer to wait for confirmation of blue 1 completed and then buy the correction in a corrective 3 waves to the downside.
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
Note
this is why you do not fight the trend and try to pick tops. High been taken out but no follow through for now. I still the price going lower in a FLAT now. Don't like to sell here though.Note
Back and forth. Do not force. When it goes down, will be there, If it does not, well I'm not running after it. Will find other setup.
Note
back on track. won't sell but monitor data for level to buy. New update this week when we come closer (hopefully)Note
Will have to be patient with this one to catch it lower...Order cancelled
closing this one and will refer to previous 4h idea (in related ideas)
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