AW Bitcoin Analysis - Long Trade For Wave 5 Chart...
Whether you believe there is one more move up or the beginning of a new trend this should work either way.
You can see the full breakdown for the trade idea in the video down in related ideas.
Entry: 22,317
Stop: 21,869 (or last low)
Target: 24,271 (Minimum expectation)
Risk Reward Ratio: 4.28
Critical resistance: 25,270
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
You can see the full breakdown for the trade idea in the video down in related ideas.
Entry: 22,317
Stop: 21,869 (or last low)
Target: 24,271 (Minimum expectation)
Risk Reward Ratio: 4.28
Critical resistance: 25,270
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Trade active:
Entry price hit.
Trade closed: target reached:
Booked profits. Time to short.
