gillianpatrice
Long

NXT/USDT - Short before long

POLONIEX:NXTUSDT   NXT / Tether USD
I am looking for a retest of the Daily TL before more bulls move in and take this higher. Price has fibbed from the previous swing short. A profit extention of 127% overlapps with the TL - and 3 tests are usually seen before we see the trend resuming. This is a good low risk high reward setup.
We would be grateful for the more detailed description for novice traders and the suggestions ... I see that many have been rushing to sell in the current bullish trend and with a considerable increase in volume in the last hours.
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