Coinbase Update: Still making standard moves so far

14 févr.

As I said in my last post, I expected us to drop again today. It was a tad bit stronger than I anticipated but CPI can do that. The important thing is we didn't break any critical areas to invalidate the count. I set my stop @ $137 and we hit $137.13 before heading higher lol. Talk about close call. I expect us to head higher again tomorrow towards the final target box for wave (i).

Once the structure looks complete, and we top on neg div, I plan on selling my position with the intention on buying back in towards the bottom of wave (ii). That should be a 3-wave retrace and will be the official confirmation of our count.

Should we drop again tomorrow and take out my stop, there is a possibility I am one degree off, and wave (ii) has already started. With the strength this ticker has shown off the bottom from 07 Feb, I am convinced we made our bottom until it proves otherwise.

Don't forget, beginning February 23rd, I will be dramatically changing my posting schedule here on trading view. My last regular post / update will be on that day.

14 févr.

Commentaire

Made it into the box pin ore market. I upped my stop to $145. I expect 2 more slight highs to finish out the last wave v.

14 févr.

Commentaire

Just got the first OMH. stop raised to $149

14 févr.

Trade fermée manuellement

Sold half my shares to lock in some extra profit

14 févr.

Commentaire

Ideally I want to see OMH into the 2.618 @ $163. That would be a fully completed count IMO.

14 févr.

Commentaire

Stop raised to $158.50 on remaining shares

14 févr.

Commentaire

Getting that second high now. Ideally I would like to see it hit the tiny box at the top before falling for (ii)

14 févr.

Trade fermée manuellement

Sold the rest of my position for a 33% profit in 7 days.