Yesterday, I get into the position in very worst spot. I could have give up and executed stop-loss, but I feel really weird.
So, I keep scalping, adding more in my long at lower price...
and look at the green candle (4hr), it turned to bullish hammer in just 40 sec just before the end.
I convinced it is going up at least one time, and it did happen.
However, I feel really nervous, even if I made some profit yesterday.
It is now going to worst scenario in which I showed you in my 'in 5 days' posting (plz forget the little mistake in main chart :D)
and, it will be much more difficult to push down to $6,000~$5,900 till 6th of July
OK than if we go up, what will be the top??
The red area is starting of June.
If whales want to hold their short one more month, I think we cannot go higher than that area.
So, $7,319.8 which is 0.5fib could be final top. (and also suitable for EW theory)
I am not sure how much it goes up today or tmr, but I think it forms a wedge.
When it break down the red line in the wedge, time to go to underground
In my hypothesis, it is the only hope, but it looks "unlikely happen"
From 0.2XBT margin trade - day 3
balance: 0.2359XBT
I was too tired in scalping yesterday (and also because of the lag in mex :(), so just closed my position at $6,580ish
So, I keep scalping, adding more in my long at lower price...
and look at the green candle (4hr), it turned to bullish hammer in just 40 sec just before the end.
I convinced it is going up at least one time, and it did happen.
However, I feel really nervous, even if I made some profit yesterday.
It is now going to worst scenario in which I showed you in my 'in 5 days' posting (plz forget the little mistake in main chart :D)
and, it will be much more difficult to push down to $6,000~$5,900 till 6th of July
OK than if we go up, what will be the top??
The red area is starting of June.
If whales want to hold their short one more month, I think we cannot go higher than that area.
So, $7,319.8 which is 0.5fib could be final top. (and also suitable for EW theory)
I am not sure how much it goes up today or tmr, but I think it forms a wedge.
When it break down the red line in the wedge, time to go to underground
In my hypothesis, it is the only hope, but it looks "unlikely happen"
From 0.2XBT margin trade - day 3
balance: 0.2359XBT
I was too tired in scalping yesterday (and also because of the lag in mex :(), so just closed my position at $6,580ish
Note
Detail count (assuming we are in C wave in 2nd zigzag)
Note
Just came back to home
looks like we are going to one more wave up
opened long at $6,581
(half drunken, I will post it tmr :D)
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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.