XTZ USD - 30% Long Idea with 4 RR

XTZ USD - 30% Long Idea

I am posting my 5 Elliot Wave Theory on XTZ.

I think we've just complete the wave 4 and I am expecting to see a retest of the last peak or an extended wave 5.

I am considering to enter this long position after we test this support level for the second time on 4h timeframe.

Great Risk to Reward ratio on this position.

PLEASE HIT THE 'LIKE' BUTTON IF YOU AGREE WITH MY IDEA.

THANKS!

Kommentera:

Here is my reviewed idea on XTZ.
If the Stop-Loss is reached then I will try my second chance to enter this trade. Even if the second trade will be a loser then I will enter long on for the third time.
This strategy gives you a very good Risk to Reward Ratio.