Jackson-VAD

ARKBTC Breakout Trade for 3rd wave Implusive

Long
Jackson-VAD Updated   
BINANCE:ARKBTC   None
TA:
-3rd wave valid as it break previous high
- Leading diagonal for the first wave as I still unconfirm till it break the high
- 50% retracement of wave 1

FA:
-nil

TP:
-1.272 extension first conservative target
-May break the resistant reach higher target 2.0 extension
-Need more data/wave to estimate the target

Conclusion:
-Good RR trade, Keep for POS in wallet for passive income

TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
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Looking for accountability partner in the trading journey and grow as professional trader.
Trade active:
Game Plan:
A: 50% to keep in wallet for stacking (passive) income and 50% accolocation to trade in and out to increase my stack.
B: Investor will suggest to hold in wallet till previous high to finish 1st wave in the meanwhile increase your stack.

Take note that to reach previous high from current level is 68% gain

Trade closed manually:
I decided to close the trade because it may just finish 1st implusive wave and major correction may intake. Stay away and protect your BTC.


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