H4 were getting a Z down, were Z down ends is anyones guess but the ultimate target would be the 161.8fib. We are getting bullish divergence so if you take any short trades on the lower timeframe they should only be scalps!
Checkout my BTCUSD W1 C Wave Down idea to get the complete picture thanks.
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation of my free analysis.
Thank's to all the traders in advance that hit the thumbs for your support!
Checkout my BTCUSD W1 C Wave Down idea to get the complete picture thanks.
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation of my free analysis.
Thank's to all the traders in advance that hit the thumbs for your support!
Note
Checkout my BTCUSD D1 5 Swings down idea to get the complete picture thanks.
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Unfortunately after the H4 TL break we never got the H1 flag break for more downside, instead we got a impulse up ending the H4 Z down. I'm now on the bullish side, I will put out a H1 idea in the near future.H4 Chart
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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.