NEOUSD Long Enter at 9.19usd. In the exchange rate, we try to trade the rule that the ATR closes with a symmetric motion of the wave sequence. I've written about this set of rules many times. It is based on the simplest and fastest way to identify a wave amplitude near the ATR closing values when constructing an exchange rate (either). If the same amplitude is...
NEOUSD long. TP 13.53 usd. I suppose we see fractal copying. The red narrow square in the analysis is the "spike area". The narrow green blue rectangle indicates the fractal shift. The right side arrow shows the direction of the shift. I see the exchange rate correcting, so I'm waiting for a north turn. The target price for the next wave sequence is 13.53 usd.
To the left of the analysis is the 2.2 RR trading. To the right is theory. The current entry point is the intersection of the MA100,200. This is a very strong level. The target price is the 50% ATR axis of the exchange rate movement, which started at a similar level.
The exchange went into a rising channel. It is characterized by the axis connecting the rising peaks and the rising ATR axis. Within this, a second wave of a dual waves system can be deployed. If the analysis is correct, another rising wave may develop. The target price is 15.27 usd.
I am focused heavily on NEO. Margin trading + hodling.
I will aim to update NEO ideas every 3-5 days & will update with comments on current daily.
No shills, no frills, just what I am doing. (Check previous graph for validation of neo calls so far)