Stop loss below support of RSI and/or below uptrendline. Waiting for wave 5 to finish or to end below target. Sell zone spread from 5800-6000. Entry was around 5000 sats. Should've seen this chart earlier, then i would've seen the RSI resistance breakout where i would've entered right at the start of all 5 waves.
I believe my mistake is that wave 3 is never the shortest and probably longer than wave 5, which could mean wave 5's high is at the .786 fib level (which already has been reached.
Two ideal possibilities:
1. major correction after wave 5 is not that big and XLM starts a new set of waves which reach sell zone
2. current wave 5 gets one last push towards sell zone before correction
Two stop 'loss' (with small profit) possibilities:
1. RSI falls clearly below support --> sell
2. upward trendline (green) breaks clearly --> sell
I believe my mistake is that wave 3 is never the shortest and probably longer than wave 5, which could mean wave 5's high is at the .786 fib level (which already has been reached.
Two ideal possibilities:
1. major correction after wave 5 is not that big and XLM starts a new set of waves which reach sell zone
2. current wave 5 gets one last push towards sell zone before correction
Two stop 'loss' (with small profit) possibilities:
1. RSI falls clearly below support --> sell
2. upward trendline (green) breaks clearly --> sell
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
