Unity-Trading-Group

ONT/BTC short term EW set up

Long
BINANCE:ONTBTC   Ontology / Bitcoin
ONT smashing down doors, hit the 1.168 extension from the original push lining up with the 100% on the trend based fib extension, which means this leg has been of equal length of the original leg, next target being the 1.272.
There we should find a reversal pattern and be looking at the .786 on the trend based fib for a re-entry to catch the last leg up to the 1.618 on the trend based fib.
we will look to exit this trade just before the 1.272 around .0002190-.0002200, re-entry at .0002000 ish
Comment:
ONT hitting just above our target and we were happy to take profits at 2195. Out now and waiting for the retrace for our re-entry.

Hope everyone made some sats of this one.
Trade closed: target reached:
ONT obliterated out target even our final at the 1.618 for 16% +
yeahhhaaaa

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