As you can see from the chart, we have finished the intermediate wave (4) and just potentially (with a high probability thanks to our objective indicators) finished the minor 1&2 waves heading to a 3. The RSI says the door should be open for the 3, as well as the volumeRSI. Please remember to research and understand the formulas of these indicators when you use them.
Also, you can see where on the wave 2 we hit a 38.2% retracement, which is common.
I am a buyer between now and $1.13, which is the bottom of the (4). That is also where my stop will be. Target between two and three dollars.
thebitfather.wordpress.com/ - check out my free blog for more trade ideas and proof of purchase of my trades and risk management. I put my money where my mouth is.
Also, you can see where on the wave 2 we hit a 38.2% retracement, which is common.
I am a buyer between now and $1.13, which is the bottom of the (4). That is also where my stop will be. Target between two and three dollars.
thebitfather.wordpress.com/ - check out my free blog for more trade ideas and proof of purchase of my trades and risk management. I put my money where my mouth is.