HawkTuah USD

Downwards triangle starting to form and this is normally a bullish senario.
I did three very simple calculations
I took the local high to the local low with a fib retracement and marked the 1.618
(I use the 1.618 as a target during a bitcoin bull market which we are in due to the halvening
If we were in a bear market I would take profit at the .786)
So 90% is my first take profit with a 60% Stop Loss -
with these altcoins especially new ones can be very volatile
My first take profit is always 1.5x from my stop loss
(so in this case my stop-loss is 60% x 1.5 is 90% )

Second Step was to calculate the fib retracement from the Mid hig to mid low
Third step was to calculate the fib retracement from the macro high to macro low
These gave me my targets at the 1.618

When my first take profit is met I take the original amount and use it on another trade
On my second profit target I exit my winnings and only leave the original amount to start the trade again
This ensures that my im exiting the trade at the WAVE 3 and putting minimal on the WAVE 5
Wave 5 creates Greediness and its a slippery slope trying to sell/call the top.
Wave 3 is usually the longest in most scenarios anyway