Guys,
Nano did us wrong the last 2 trades but I still have plenty of hopes in it since clearly we've been working on the second cycle for quite some time now. If in fact this channel is valid and we get a bounce past the 5750 pivot, I do expect for us to start seeing an upward trend.
Since we got burned the last time, we’ll be patient and wait for some sort of confirmation above 5750. If we can get a daily Heikin Ashi candle to close above the pivot or even better, above the 9D EMA, I think we should be golden. We’ll enter above the 9D EMA at 6100 and take some profits at the next pivot for a entry around the 5750 pivot again. Let’s surf these waves
Entries: Buy stop at .0006100
Stop below .0005600
Target: .0010250, take half profit at .0007, reenter at .00058, take half profits at .0008700, and spread the rest all the way up to .0010250
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*The ideas and comments expressed herein are my personal opinions and should not be taken as financial advice. Being a trader, at any given point in time, I may or may not be holding the asset in question. This is not a recommendation to buy, sell, or hold.*
Nano did us wrong the last 2 trades but I still have plenty of hopes in it since clearly we've been working on the second cycle for quite some time now. If in fact this channel is valid and we get a bounce past the 5750 pivot, I do expect for us to start seeing an upward trend.
Since we got burned the last time, we’ll be patient and wait for some sort of confirmation above 5750. If we can get a daily Heikin Ashi candle to close above the pivot or even better, above the 9D EMA, I think we should be golden. We’ll enter above the 9D EMA at 6100 and take some profits at the next pivot for a entry around the 5750 pivot again. Let’s surf these waves
Entries: Buy stop at .0006100
Stop below .0005600
Target: .0010250, take half profit at .0007, reenter at .00058, take half profits at .0008700, and spread the rest all the way up to .0010250
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*The ideas and comments expressed herein are my personal opinions and should not be taken as financial advice. Being a trader, at any given point in time, I may or may not be holding the asset in question. This is not a recommendation to buy, sell, or hold.*