Potential 5 waves is visible on a smaller time frame

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Aug 3, 2018

MANA shows nicely shaped 5 waves up

MANABTC, 15 min chart

The classic "divergence" - new top (wave 5) is made on a lower value of RSI.

With SL at around 0.000012 and TP at 0.00001420 it's up to the entry point how good Risk/Reward could be.

As usually the best if we try to keep it to 1:2 - 1:3

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Aug 3, 2018

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