NEOUSD - Will it break the 1.618 Fib channel?

23 feb 2018

After placing down this channel, I scrolled out to see and NEOUSD has never broken the 1.618 fib in this channel. That's bad.
Nearly double topped on the RSI but 70 was not hit, but stable above the 0.618 retracement. Uptick on the RSI as of writing.

I am currently in a long, hoping that it'll pop up above $120. As of writing, it looks like BTC is going to make a bear trap and holding out seems like the best option.

No stop loss, waiting for the possible bear trap to pass to and I'll freeball the order close. I may keep some if BTC goes sideways and wait for a better sell order.

Edit: OK. That was fast. Candle close in 25min for the real test.

23 feb 2018

Trade chiuso manualmente

Profit is still profit, no matter how small!
Prematurely closed due to a shooting star almost forming.

23 feb 2018

Trade attivo

Possible for NEOUSD to still have a good go at it if 4hr is any indication.

Entry set at 118.7 for a flash dump pickup. Stop loss at 118.4.