The little ETC that couldn't [Market Geometry/EW]

Take profit of triangle breakout reached, finding heavy resistance. Enter position when 2-3 candle closes below resistance. Short until Sell Zone, after Sell Zone target reached enter long position back up to resistance. First take profit is trend under current parabolic trend; second take profit is the trend below that one.

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Wait for ETC to break current parabolic trend; will most likely find support on the resistance it just broke through. Keep an eye out for those candle closes.

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The quick squeeze before the short

Zlecenie aktywne:

Play is activated once 2-3 closes below that support line.

Transakcja zamknięta: osiągnięto wyznaczony cel

Komentarz:

Timing was a little off.