Long

Stellar / USDT on Poloniex

Updated
I got a little excited when STR crossed an upper boundary trend line a while back, and since it was just below the 0.786 Fib of the previous cycle with bigger gains and growing volume, I thought it would be a good time to jump on it. Unfortunately it hasn't taken off like I hoped it would and I have since tempered my expectations quite a bit. With the recent retracement, it could still have a reasonable Risk:Reward ratio with the stop below the lower boundary trend line.
Trade closed: stop reached
Wave Analysis

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