Chart is pretty self explanatory. 1 hour has a clean break and retest of both the trend line and cloud. Nice crossover on the stoch. Looks like an elliot will form. My general idea is to TP at 1.618 of first wave and TP at end of wave 5. Wave 5 generally is as long as the first wave. Good RR ratio here. You can hold longer than my TP because these crypto maniacs are usually having waves that are hitting 3.6 of the first wave.
Comment:
Well.... honestly that just went faster than I thought.
Trade closed: target reached