Price acted nicely as expected and the Short was a great profit.
Now that the Sine-Wave center was cleared out, price peaked through the centerline and recaptured it.
In the same time, we see RSI oversold and a big volume spike from the PinBar, which recaptured the centerline.
This is a very strong sign for a reversal to the upside.
I'm long with my first postion and add accordingly.
Now that the Sine-Wave center was cleared out, price peaked through the centerline and recaptured it.
In the same time, we see RSI oversold and a big volume spike from the PinBar, which recaptured the centerline.
This is a very strong sign for a reversal to the upside.
I'm long with my first postion and add accordingly.
Note
It's OK, look nice so far. Price holds the centerline and RSI & MACD crossed positive and sloping up. Note
This is not good IMO.BTCUSD should have taken off with the rally of the big indexes.
I'm playing it save and throw my stop to B/E.
#chickenpitchfork
Note
A spark?#btcSparkenStein
Note
Still holding...sneaking behind the curtain to see if we can get up to the centerline.Note
Change in behaviour.There it goes, and the mini pitchfork projects the short term path of price.
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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.