MANA is looking like its almost ready for a MASSIVE move.. At least 1000%.
We can see that we are currently in a 5 wave move higher. Wave 3 had a nice 5 subwave breakdown. We can use that framework to figure out what's next for wave 5.
Subwave 2 of wave 3 was a tight correction and we are seeing almost an identical tight correction for subwave 2 of wave 5.
Great thing about this is that we have a strict invalidation level.
Trade Idea:
- Watch for a breakout of subwave 2
- Enter with stops below the correction (or safer stops below invalidation level)
- Targets: 6, 15, 40
Goodluck and as always, trade safe!
We can see that we are currently in a 5 wave move higher. Wave 3 had a nice 5 subwave breakdown. We can use that framework to figure out what's next for wave 5.
Subwave 2 of wave 3 was a tight correction and we are seeing almost an identical tight correction for subwave 2 of wave 5.
Great thing about this is that we have a strict invalidation level.
Trade Idea:
- Watch for a breakout of subwave 2
- Enter with stops below the correction (or safer stops below invalidation level)
- Targets: 6, 15, 40
Goodluck and as always, trade safe!
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