BTCUSD: When to go Long

1D close above previous daily candle with a retest of breakout zone continued with a 4h uptrend into fib extension targets: waiting for daily close above prev 1d candle with a re test and bounce from break out zone will bring us into the 2.168-3.168 targets, a failed retest from bouncing break zone into a dump/correction rejection signals our lower buy zones labeled down to the 1D 50EMA.
sit back relax and wait for the chart to playout.

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Our 3 Long ladder zones are the yellow upwards sloping support channel , the Long here Box and the 50EMA Box. ( not financial advice just pure and simple T.A )

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BTCUSD: Simple Signals to long (chart tells all)

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one last confluence with our prev long

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now sitting on 3rd eye just under the 2.618 so we are very close to the end of this pattern, take profit for a % move stops to profit or entry , TP is around 58880 laddering to 6354x depending on ex you are viewing, a safe mid range is 59000 a few points under the target of 63000 is to tight to worry about, the top is very close for this wave 5 micro, with it being a possible wave 3 ( thats for a new t,a) i am not expecting a large corrective, i will chart that very soon, but we are close, of coarse we may do yet 1 more extension but at this point unlikely we hold range after wave 5 and go back to clear some algo targets above the old ath daily

Trade active

Long activated (first green box long signal given)

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first lower green box (Labeled Long here) was buy triggered (dont mind the position placement trade is active already ) hope most took not of this long from the 19th of feb

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we can also note we have re claimed upwards sloping channel support (yellow channel ) a breakdown of this channel signals a short or new long placements , watching 1-4 and daily trends to keep our triggers on direction (High/Low) if lost on say the 1h move to the 4h then daily for a trend t.a.

Trade active

long taken from given zone, chart update on 4h bull flag chart. (same chart feb19 t.a given 1D)

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Contrarianeyeview

Related publications

BTCUSD: Simple Signals to long (chart tells all)

by Contrarianeyeview

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