WealthMurphy
Long

TRIG new cycle, 133% potential

BINANCE:TRIGBTC   None
TRIG seems to complete the market cycle.

It is in a downtrend but on the bigger picture, it is also forming a pennant .
Also Stoch RSI looks it's oversold and volume starts to decrease. This may suggest a trend reversal.


The hourly looks that there is room to go lower, maybe it will touch 0.88 retracement from the previous cycle or go a little bit lower, but on daily it looks oversold.


Also it is also in an interesting price area. The same price area acted as both support and resistance in the past.


Will take a position and will sell at key price levels that also match fib zones.

Targets sent in Telegram
Comment: FA: June public launch of smartguns.com http://blog.blocksafe.network/2018/03/30...
Comment: We seem to be forming a smaller pennant on the smaller timeframes
Also on the higher timeframe, Stoch RSI, RSI and MACD seems become bullish
We've also met some resistance under daily cloud


Will try to average down in this trade a little bit.
Comment: it was 4h cloud, sorry
Trade closed: stop reached: Epic Fail

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I'm looking for a suggested book on your methods?
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