FabLK

Wave analysis on CHZ

Long
FTX:CHZPERP   Chiliz Perpetual Futures
I think CHZ is in a good setup at the moment : he printed a regular flat (three waves named ABC), then he made an impulse and a flag.
For me it's the right moment to try buying chz.

He potentially finished his daily correction, and he's printing a good correction to enter in this trade.

Be care, if he breaks the top of the flag, he could reverse, protect yourself with Stop profit if he breaks.

If he runs, he could reach 1.22$ in a fist time, be cautious when the price will approach 1$
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