BTC/USD is in for a bigger move now...C down expected
Updated
We are seeking the Short-entry now, as the heat is on, for the expected move to the recent DEC-lows or even lower, following our most recent Counts and Trades on this pair...
Note
Note
Note
Note
We stay short and there is reason for doing so...look at the anewed count-Picture...15 min...the actual estimated top of c of B is now counted as failure v'' of v' of c , which makes the big difference of making an impulse down count more probable than assuming an LDT in i'/a' down and a big running EDT in the C...the trend down is stable and this has to be put into account...thus the short strategy and the actual SL remain as the big C down running is still viable...
Trade active
C could be done, or it could be in for more...we keep trailing the ii'-iv' or ii-iv-line respectively and will look for signs of this one finally heading north again...
Trade closed manually
manual trade close... we are satisfied and now looking for long chanceswe are cashin' in here for a trade from 15600 down to 13400 or 16,4% winning trade.
Related publications
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.