ZRXBTC or the beast! Will I be able to catch it? Patience
ZRXBTC 4H UPDATE - 27/04/2018
Yesterday, we had a bear trap with a FLAT from 23/04/2018 high and therefore the blue 1 called ended prematurely as we are still in red 3 cycle. From there, we should be seeing 14,293-15,373 but cycle is mature and can end at any time.
So I don't like to buy at those levels and I won't sell here or higher either.
I'd rather wait to buy lower once the motive 5 waves is completed (with risk or letting it go…)
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
Yesterday, we had a bear trap with a FLAT from 23/04/2018 high and therefore the blue 1 called ended prematurely as we are still in red 3 cycle. From there, we should be seeing 14,293-15,373 but cycle is mature and can end at any time.
So I don't like to buy at those levels and I won't sell here or higher either.
I'd rather wait to buy lower once the motive 5 waves is completed (with risk or letting it go…)
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
When I say view unchanged here, means that cycle to the upside is mature and can turn down anytime so we can buy lower but I'm NOT saying it is time to sell. This market can extend as long at it wishes. If you are not long from the lows in daily, then there is nothing to be done in 4h or 1h, but 15min charts day trading for few points per trade, this is not how I trade but nothing wrong at all with trading like this.