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PeacefulWarrior
Oct 14, 2018 9:59 AM

TRON Short

TRON / BitcoinBittrex

Description

TRXBTC
Classic Elliott Waves 12345 in the channel and corrective Waves ABC on the chart. Now time the wave C.

Comment

PART 1 reached

Trade active

Trade active

Trade active

Trade active

Trade closed: target reached

Comments
toozoned50
I think you are right on the short call, everyone is bullish in a market is struggling on the upside and I find it hard to be long up here with the stock market tanking, people are getting margin call and have to probably sell something to raise cash, every asset class is under pressure so you have to buy cheap and .02000 that's a beautiful number, I;ll start to buy under .02200, but taking out low in the .02035 area touch off some stops that where I want to load up.....be well
damdamm
Now all the Wizard are sitting quiet and not responding on key questions.. CLASSIC WIZARDS are more GAMBLERS rather then WISDOM OWNERS.
damdamm
We broke up trend line. Is your trade still active to go down ?

PeacefulWarrior
@damdamm, I think against BTC now it's bad idea to short TRX
damdamm
@PeacefulWarrior, So this C target is canceled ?
PeacefulWarrior
damdamm
@PeacefulWarrior,

Technically C cancelation should be when we move higher then 430 as far as I know. We might be in wave 2 of C or in c of B.

Beautiful hanging man is developing on 4 h for now. But still we have 2 hours to candle close and we broke up resistance line. If we get some price speed down on 4h RSI soon maybe your idea is not invalidated yet.



damdamm
@damdamm, * Technically C cancelation should be when we move higher then 391
damdamm
@PeacefulWarrior, So now trade active ? You told that not expecting wave C 18th October.
PeacefulWarrior
@damdamm, active for someone.
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