Five could extend to 2.618 because cryptos seem to like that.
Profit targets: laddering out towards my projected wave 3 target, laddering back in on the handle; even if that ends up at a higher price when wave 3 unexpectetly extends.
Nota
Mewn
Dagangan ditutup: sasaran tercapai
Trade closed here, however do not short boys! It's a bull market. Wait for it to retrace and long.
Dagangan aktif
Little update, yesterday I, in fact, did short omg, however as a quick scalp when BTC went up.
Today Omg is looking at either a possible outbreak or five waves lasting correction downwards. Despite the fact that I previously said not to short omg, right now it is looking like a good one to me.The resistance is horizontal and therefore easy to short and cover on a confirmed breakout.
I will not switch to a long on the breakout, for that, I will wait for it to retest the breakout. Two short levels here, one quick scalp the other hopefully the trade of the day.
Nota
Looks like rejection to me. if you were quick those were two spikes up and down of 60 cents profit!!
Stop to break-even. Hence, entry.
Nota
Updating the short play in a new chart, to avoid too much mess.
Dagangan ditutup secara manual
What a mess, I did not deserve a single penny of profit there. Artificial pump through API.
Let's see what happens when things calm down. Maybe we see it retesting 15USD, or it just shoots straight to 22USD, momentum is here now, that's for sure.
Dagangan ditutup: sasaran tercapai
It did come back to 15 USD, so congrats if you added there:)
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