Ada on it's way to my Golden Pocket Zone

Dear Cocopuffs!

Hope you guys are doing well. I Hope you saw my latest post about Ada where I pointed out the 1095-ich level for a bounce. This was on the 21st of jan. And there you have it, the bounce happend.

We are in a decending wedge so I see us going down soon. 4 hours is overbought at the moment and the TDseq is on a 3. Personally i am not taking this trade and left it. I don't see us braking out from the wedge anytime soon, plus the redcloud is also pushing the price down.

The daily, 3daily and the weekly are looking bearish.

The goldenpocketzone for me will be around 1050-ich. From here I will go long and we see where the ship sails. I'm not a daytrader as I don't have that much time due to my normal job, but if you are then set your stoplosses just in case we dip lower.

That's all folks, enjoy your profits! Don't be too greedy, what goes up must come down, it always does:)

Elliott WaveTechnical IndicatorstdsequentialWedge

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