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YFIUSD - An asymmetrical risk/reward?
yearn.finance
Long
YFIUSD - An asymmetrical risk/reward?
By Acel
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Updated
Jan 14, 2021
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Jan 12, 2021
There is a possible completed expanded flat correction on YFI, with an impulsive move coming from ltf.
Jan 14, 2021
Note
Possible leading diagonal from the lows, so better be careful here.
Jan 17, 2021
Note
We can still be in a bigger diagonal while below red fib, so care for a pullback after a new high.
If that's the case structure is bullish for the macro.
Jan 18, 2021
Note
A series of 1-2s is bullish too, should trend this week...
Feb 22, 2021
Trade closed manually
This chart is getting weirder after every move... Recent PA may hint to a leading diag so watching for a long opportunity @ 50% retracement ~20k.
Elliott Wave
Acel
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