BTC is in the decision zone again.
If "A" fails on weekly, we will see "B" and if it holds, "C" and above are highly probable.
No need to freak out over lower time frame wicks. Weekly time frame is the key here. HTF trends are harder to reverse.
If "A" fails on weekly, we will see "B" and if it holds, "C" and above are highly probable.
No need to freak out over lower time frame wicks. Weekly time frame is the key here. HTF trends are harder to reverse.
Note
There is no way to edit it so here it is: "If "A" fails on weekly, we will see "B" *OR* if it (A) holds, "C" and above are highly probable.
Hopefully, it's clearer now.
Note
and just in case :) Note
Lets look at the monthly and now, the weekly and daily will make a even more sense.
and here is updated D for closer look, how it all fits to HTF structures
Note
And here we are, struggling below 0.618 level. Note
Update is in the comment. It's actually a update for the September 7th post. 
Trade closed: target reached
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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.