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tradedevil
Sep 30, 2017 7:50 PM

Tommy Can You C Me... Long

Bitcoin / U. S. DollarKraken

Description

That's a pretty wave count with a nice long entry to finish a C-wave at the 38.2-50% pocket for a reload long. Two targets above. You'll need to give it a bit of room on the Stop. I'm going just under the Wave-1 high as that will invalidate the impluse. I'd suggest a partial buy at the 38.2 off of the nice support from the Wave-3 high but I'd keep some in reserve for a second load at the 50%. 2-to-1 and 3-to-1 risk/reward respectively...

We may not get down that low... but if we do... grab some B-coin
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