JASMYUSD Long Scenario

JASMY/USD COINBASE:JASMYUSD

Edwin_J7

After a long decline we finally have the first impulse upwards. Based on Elliot Wave analysis it seems that the market just finished it’s third wave and now making a correction. I spotted a supply area between 0.618 and 0.786 Fib retracement levels so I am expecting a bounce in that zone.
Risk to reward ratio is 1 to 5.
Good luck everyone 🙂

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