Hello crypto traders,
My analysis shows a bigger ABC pattern , and within it a 12345 Elliot wave.
MACD confirms and shows we are in the end of the B wave and will start C soon.
I will risk 1% on this trade and update as we go. Its a 5:1 risk ratio , but I could update it during the trade.
Position set to sell at the price indicated on the chart.
Good luck , trade with care.
My analysis shows a bigger ABC pattern , and within it a 12345 Elliot wave.
MACD confirms and shows we are in the end of the B wave and will start C soon.
I will risk 1% on this trade and update as we go. Its a 5:1 risk ratio , but I could update it during the trade.
Position set to sell at the price indicated on the chart.
Good luck , trade with care.
Bình luận:
Set the Sell stop only after we break 7556 high to create divergence on the MACD. If the divergence goes away you can remove the sell stop but if the price drop with divergence on MACD chances are you will have a nice ride down to complete the pattern.
Giao dịch đang hoạt động:
I was tagged at the sell stop 7480 with a s/l above last high
Đóng lệnh: dừng lỗ:
lost 1% on the trade
Not a bad idea tbh.