Will history repeats itself? 20 week EMA has been a very solid support and resistance for all bull and bear season. I follow it as a confirmation
I have been following #trx since top of the channel. Since bottom of the channel it tried to break and hold 0.02343 which was strong support and now strong resistance and failed. I think It will break and hold soon. Therefore I began to buy partly. If it is out of the bottom channel and closes 1 daily candle I am out.
Mana just broke out down trend line. I will wait for a retest/few candles to confirm. Then enter. TP is up to you. However, If you check it's past until 1700sat it has potential. Dont forget to take profit along the way. You can always enter again and there will be pullbacks for sure.
Downtrent I was following was over. Made the retest and bounced. I will wait for correction (right shoulder around 3750) and start buying. Will sell around 4300 and wait. If it goes over necline It is a buy signal for me. Necline and head distance is %36. Therefore probably I will sell again around 6100. Hope it works and chart is useful for you...