Trading4Peace

NUUSD is regaining strength

Long
COINBASE:NUUSD   None
I made some good money when this was released on Coinbase and have been watching the correction since. I believe it is complete and ready to start wave 3 of the primary wave 3 and we could see a rally to 0.38-0.40 area (TP1). That is 100%+ gains. I have been patient and have now deployed some cash to watch it go. SL 0.155.
There is Fib Extension Convergence at TP1. Convergence is when the coincidence of 2 or more Fibonacci price relationships comes together with a relatively tight range.

We could see some sideways motion first as the Bollinger bands may need to tighten before the pop. Be patient. A higher high above 0.23 will increase the probability of this being my primary count.

In gratitude,

Jo



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