As I told you before, there were so many manipulation in purple box area.
If you zoom in 1hr time frame, you will notice there is no way to apply EW theory naturally
(or just I am the only idiot person who cannot do hehe)
Anyway there are few things that changed and still valid, so let me make it clear:
In big picture, we are still in NO TRADING ZONE for conservative traders(between $9K ~$6,770)
However there are some change
In current situation, I have to admit that $8,506 was the top.
However I am not sure about the trend. I will show you 2 counts:
Blue Count (bullish) - we might see the $9,400
Red Count (bearish) - will go down to underground
You might noticed that I set wave (4) around $7,290 in blue count
Actually it is my hope to get some short position which I posted at the main posting xD
Even If we are in NO TRADING ZONE, there might be some TRADING ZONE area
if it goes around $7,900, I will definitely short, and if it goes down to $7,280 I will definitely long
But not sure where it will go first
If you zoom in 1hr time frame, you will notice there is no way to apply EW theory naturally
(or just I am the only idiot person who cannot do hehe)
Anyway there are few things that changed and still valid, so let me make it clear:
In big picture, we are still in NO TRADING ZONE for conservative traders(between $9K ~$6,770)
However there are some change
In current situation, I have to admit that $8,506 was the top.
However I am not sure about the trend. I will show you 2 counts:
Blue Count (bullish) - we might see the $9,400
Red Count (bearish) - will go down to underground
You might noticed that I set wave (4) around $7,290 in blue count
Actually it is my hope to get some short position which I posted at the main posting xD
Even If we are in NO TRADING ZONE, there might be some TRADING ZONE area
if it goes around $7,900, I will definitely short, and if it goes down to $7,280 I will definitely long
But not sure where it will go first
Note
Note
I missed my position at the main counting.But my other signal above, it worked perfectly and managed to take some profit
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.