Strategy Notes May 11th, 2018

Q: Is my buying spree  suggesting the bottom is in?

A: No, but this zone is attractive for long termers. Swing traders might be more careful. It's all in your timeframes. 

Q: When will you ring the bell that the bottom is in?

A: When we have 5 up over the preceeding 4th, up, then hold a corrective retrace and break out. 

Ryan Wilday hosts the Cryptocurrency Trading service on ElliottWaveTrader.net.