The little ETC that couldn't [Market Geometry/EW]

Take profit of triangle breakout reached, finding heavy resistance. Enter position when 2-3 candle closes below resistance. Short until Sell Zone, after Sell Zone target reached enter long position back up to resistance. First take profit is trend under current parabolic trend; second take profit is the trend below that one.

Transaction en cours:

Wait for ETC to break current parabolic trend; will most likely find support on the resistance it just broke through. Keep an eye out for those candle closes.

Transaction en cours:

The quick squeeze before the short

Transaction en cours:

Play is activated once 2-3 closes below that support line.

Trade fermée: cible de profit atteinte

Commentaire:

Timing was a little off.