Cardano (ADA) Nearing Bullish Gartley Completion

Mar 4, 2018

Since I haven't been following or trading Cardano for some time, I have no fundamental data to chase the technicals here. Trade is based on raw pattern identification. Typically I would say to place stops below X, but in this instance it might make the R/R unfavorable for the trade, so use your best judgement based on support levels. For more information on what the Gartley Advanced Pattern is and/or how to trade it, see below. In a two target set up, PRZs are identified on the chart. Best of luck!

https://www.tradingview.com/education/gartleypattern/

May 28, 2018

Order cancelled

This trade has languished, failing to reach even our first target at .382. At this point I couldn't claim any future movement at having correlation with the trade pattern. For that reason I'm calling this one a dud and closing the trade. Will look for another entry once we have more volatility and hopefully, another pattern.