I know lots of people think we are at bullish impulse wave.
But I think we just got end of wave (4) and now it will go down to wave (5)
In oriental philosophy perspective, I do believe "price must go with the right flow"
I really don`t like that $7,685 and it is against $7,507 which is 0.5 retrace of wave (2) - of course it was punished instantly cuz it was against the right flow.
Therefore even if there are many good news like G20, generate $250M thether, I think we are more likely to go down - maybe around 60%?
For now,first try to break up was rejected and I am waiting for short spot to wave (5)
In XBTU18, I set my position as below:
(I am too greedy that most of my order will be $7,661 and $7,625 :D)
But I think we just got end of wave (4) and now it will go down to wave (5)
In oriental philosophy perspective, I do believe "price must go with the right flow"
I really don`t like that $7,685 and it is against $7,507 which is 0.5 retrace of wave (2) - of course it was punished instantly cuz it was against the right flow.
Therefore even if there are many good news like G20, generate $250M thether, I think we are more likely to go down - maybe around 60%?
For now,first try to break up was rejected and I am waiting for short spot to wave (5)
In XBTU18, I set my position as below:
(I am too greedy that most of my order will be $7,661 and $7,625 :D)
Note
I need some try to break up the channel.
(and hoping to get rejected after I get on the bus)
Note
dear whales...
plz....I need your dumping lol
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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.