BitcoinShort
BTCUSD W1 C Wave Down.
Updated
W1 I'm looking for the C down to complete the structure against the invalidation point.
D1 I'm looking at it as an expanding flat, It's important to note H4 & H1 we do not have any bearish divergence therefore D1 C up may not be over.
Because we have no bearish divergence on the lower timeframes the more experienced trader can take buy scalps moving to BE and taking profits, it's only a matter of time before we get the bearish divergence so caution is needed.
The larger impulse is to the downside so I'm more interested in the short once we get the divergences or a good sell setup keeping tight SL.
This is a longer term view so I will be updating this idea as price plays out on lower TF's with potential setups if there's enough interest.
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, comment, share and hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
P.S. I was going to put out a BTC idea a couple day's back but for some reason nearly all my previous idea's disappeared, I wasn't going to put out anymore idea's but there back now so not sure what the go was there!
D1 I'm looking at it as an expanding flat, It's important to note H4 & H1 we do not have any bearish divergence therefore D1 C up may not be over.
Because we have no bearish divergence on the lower timeframes the more experienced trader can take buy scalps moving to BE and taking profits, it's only a matter of time before we get the bearish divergence so caution is needed.
The larger impulse is to the downside so I'm more interested in the short once we get the divergences or a good sell setup keeping tight SL.
This is a longer term view so I will be updating this idea as price plays out on lower TF's with potential setups if there's enough interest.
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, comment, share and hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
P.S. I was going to put out a BTC idea a couple day's back but for some reason nearly all my previous idea's disappeared, I wasn't going to put out anymore idea's but there back now so not sure what the go was there!
Note
This is how I'm currently looking at the M15Note
Current possible structure on H1, of cause it could become much more complex so caution advised. Note
If your in the short on the bear flag caution is needed and move to BE. Trade safe.Note
Internal B wave broke the low, I'm now looking for the running flat.Note
Quick update, were getting the internal C up on H1 for either the running or expanding flat, look for a sell signal.Note
H4 we don't have bearish divergence so i'm looking at it as a regular flat correction at this stage.Note
BTCUSD H4 Update, Checkout the idea for the complete picture thank's. 
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BTCUSD H4 Wave Z New update on H4, Checkout the idea for the complete picture thank's.
BTCUSD D1 5 Swings down. Checkout the D1 idea to get my forecast thank's
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BTCUSD H1 Wave C Up. Checkout the idea to get the complete picture thank's.
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BTCUSD H4 Wave C Up. Checkout the idea for the complete picture thanks.
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BTCUSD M15 Wave C Up, Checkout the idea to get the complete picture thanks.
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BTCUSD D1 Update, checkout the idea for the complete picture thanks.
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BTCUSD M15 Trend Line Break, checkout the idea for the potential buy setup.
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BTCUSD H1 More Upside, checkout the idea to get the complete picture thanks.
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BTCUSD H4 Update, Checkout the idea for the complete picture thanks.
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Checkout the latest H4 idea to get up to speed thanks.
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H1 Bull's Beware! Checkout the idea to get up to speed thanks.
Note
H4 Wave Z Up Idea, Check it out to get up to my latest H4 analysis thanks.
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