BTCUSD trapped in a triangle
Updated
Among many possibilities, a triangle. Resolution to the downside or not.
Adapt the count to the market price and not the other way round. If configuration changes, well, I guess the count changes. But the view remains the same, there is no business to do in here. Without me/
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 29/04/2018-05/05/2018, I propose BCHUSD
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
Adapt the count to the market price and not the other way round. If configuration changes, well, I guess the count changes. But the view remains the same, there is no business to do in here. Without me/
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 29/04/2018-05/05/2018, I propose BCHUSD
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
Order cancelled
View has changed with break to the upside.red -1- is red -4- from previous cycle and in place (always a possibility for FLAT but let's not anticipate to the downside anymore).
Here, even though the count will change in degree, no harm done as there we re no reason to be short and it was imho difficult to catch 8,653.68
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