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moontradertv

SIDEWAYS RETRACEMENT OR EXTENDED WAVE

Chainlink (COINBASE:LINKUSD)  
moontradertv Updated   
COINBASE:LINKUSD   Chainlink
Trend Analysis Technical Indicators Wave Analysis
10
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trendanalysis indicator waveanalysis
If price action falls below symmetrical triangle then a retracement 14.90 area is a buy.

If price action holds through or breaks above symmetrical triangle we may see an extended wave and looking to take profits around 18.38 level
Comment:
Main idea proved astonishingly accurate but exact price levels were a bit off, ended up taking profits at 17.55. Still learning on how to set appropriate fib levels. Happy Trading!
Comment:
LEVEL HIT!!!
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