After our last post, RDD had a monster move after the breakout from it’s descending trend line and netted the team some very healthy profits. Clearly it had to retrace, which it has, to the 786 fib region.
Now looking for a 3rd wave up targeting around 0.00715947 which will be a tidy little return.
Too volatile and illiquid to trade with tight stops so this is a riskier trade but with huge upside at this point in our opinion.