APE charted from start to finish. Ive annotated in my predictions, however simple they may be.
I will update later with my actual thoughts!
Comment:
APE just entered the entry zone i have marked.
based on the movement of BTC having just rejected off its resistance at 23,500. i feel safe putting in a short here.
50% TP at the 786 fib and the rest at the support below. (ive never used Fibs for entries or profits; trying something new!)
my stop loss will be set a little ways above the resistance. far enough so as not to get hunted, but not too far so as to accumulate losses bigger than i can make back with a 1:2 or 1:3 RR scalping strategy.
good luck!
follow the waves
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based on the movement of BTC having just rejected off its resistance at 23,500. i feel safe putting in a short here.
50% TP at the 786 fib and the rest at the support below. (ive never used Fibs for entries or profits; trying something new!)
my stop loss will be set a little ways above the resistance. far enough so as not to get hunted, but not too far so as to accumulate losses bigger than i can make back with a 1:2 or 1:3 RR scalping strategy.
good luck!