tradedevil

New Low NEO...?

Short
BITTREX:NEOBTC   Neo / Bitcoin
I rarely short crypto. But, this is too strong to ignore. Beautiful wave structure and a very clear stop out point for a low-risk high-reward trade. A stop is essential to this trade. No need to give it any more risk than the Wave-1 swing low. Note the yellow dashed line and where that puts the currently labeled Wave-4. Nice target gives a 5-to1 risk reward profile. I'm in with a tight stop just above the yellow line.

Crypto Trading and Education - goo.gl/AUxrWz
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