NuggetBrisket

Wait to go Long at the end of wave V

Long
BITFINEX:BTCUSD   Bitcoin
Wave V target usually from range 1 - 1.68 fibo ratio of original wave I, Go long on reversal candle with smaller timeframe

Target for wave B will be 10500 - 11000 range
Comment:
Price shows weakening across crypto space.
expecting a lower low below 9414.
place long order in range 8723 - 9414 with reversal candle in 60 mins timeframe
Comment:
invalided wave count if price breached above 11250 (low of wave 1)
Comment:
Trade active:
Comment:
Quick Short trade with
Stoploss 10850
Target Profit 9600
very attractive Reward to risk ratio
Trade active:
Move Stop loss to break even
Trade active:
Move Stop loss to 10600
Trade active:
Comment:

tiny wave 3 done
Trade active:

Move Trailing Stop to 10300
Took some profit 25%-50%

Be ready to go Long at the end of wave 5 ~ 9600
Comment:
We are reaching a buying zone.
Ready to go long for a wave B rebound
Trade active:

Finishing wave 4, going down to wave 5
Ready to go long for a wave B rebound
Trade closed manually:
Trade Closed due to price move hit Stop loss
Comment:

got stop out but the wave count still valid
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