Eloquent

luna short swing ~

Short
FTX:LUNAPERP   Terra Perpetual Futures
good evening ~

talked about this luna short setup in one of my recent videos

totally forgot about it until i scanned through my list today.

so i think luna completed a larger 5 wave impulse, and played out a nearly perfect ending diagonal .

upon breaking down from the ending diagonal , it saw the initial 5 waves down, followed by a clean 3 waves up.

this 3 waves up is either a wave b or a wave 2.

shorting this here as a hedge against the few longs that i'm still holding.

my conservative target is at $40 for this swing, not really interested in it after that.
Trade closed manually: might have 1 more leg to go- covering my position here for +15% just to be safe.

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