AUDUSD similar to BTC is likely about to move to
wave 3 of a bullish market. Target is approx 0.7383.
That is a 10% + gain. Only a lower low would invalidate
this idea. BTCUSD made a huge move in the last few days
that is what wave 3s are about. HUGE!!! The idea is to
wait for a new lower high and for a Bunker Bomb or Bullet
pattern to start the multi week trade. We enter 1% risk
positions and try to move to the PARSAR daily as our stop loss
as we suspect this will be a strong move upward. Once
the PARSAR stop can catch up to our hourly stop (Once we
are in profit we must negate the Guerrilla Trading money management
rules of moving the stop to the new higher low after two moves
to protect our profits).
wave 3 of a bullish market. Target is approx 0.7383.
That is a 10% + gain. Only a lower low would invalidate
this idea. BTCUSD made a huge move in the last few days
that is what wave 3s are about. HUGE!!! The idea is to
wait for a new lower high and for a Bunker Bomb or Bullet
pattern to start the multi week trade. We enter 1% risk
positions and try to move to the PARSAR daily as our stop loss
as we suspect this will be a strong move upward. Once
the PARSAR stop can catch up to our hourly stop (Once we
are in profit we must negate the Guerrilla Trading money management
rules of moving the stop to the new higher low after two moves
to protect our profits).
