One of my well set up played, had taken part of the profit to ride the last wave 5 or it had ended???
Technical Analysis :
- Indicator show sign of bearish divergent BUT do not take all divergent while focusing on the high of the wave to valid it.
- Channel inside channel
- (5) of (1) wave need to be more extended to valid
Fundamental Analysis:
-30th April Coinburn again!!!
Conclusion: Good to accumulate at the yellow bracket area with good volume, but if it break the channel need to step back and look for entry/
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!