Prepare for a decline. Everyone is seeing an upward trend right away, but we need to prepare for a negative trend.
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It is easy to check the ep and sl points in the current section. Of course, the author is still judging the decline.
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It's a good flow. Let us identify further adjustments. Although it is only HL, it is still valuable to short-term traders.
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This chapter plans to end after confirming whether the additional adjustments that will occur will be ABC or symmetric. From the βend pointβ of this chapter, there is a high possibility that Bitcoin will renew the βrecord priceβ, so it is wise to trade mainly long positions from that point on.
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This chapter also seems to be coming to an end. I believe that if you identify rising patterns and check the weekly release of key indicators, you will have no trouble making profits.
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It is common to create panic before major announcements. First, it is not too late to check the rise of the section in the blue box and then decide the next step.
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The rise was confirmed. Now the important thing is whether you can climb 69.7k I plan to check until dawn.
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I couldn't climb 69.7K. We believe that it will move sideways and build an additional rise after βliquidity distribution.β
This section is good for βaltsβ to circulate, so I think it will be helpful to refer to it.
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We plan to confirm the rise again. I will check 69.7K again, but this challenge is important.
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After falling out of the estimated sideways trend in the blue square, additional fears are being created. However, it is believed that it will complete the "Bullish Rectengle" (which was modified in the previous Ascending).
*There is severe volatility in the ending section of any count. Please do not unreasonably increase the number of transactions. This is a section that you will greatly regret if you lose your investment in the current section.
*This is a section where you will not regret holding a long position even if it is a light advice.
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Volatility appears to be high. This is a characteristic of the end-of-count section and is a type of βshedding.β
The previous idea and the upward judgment are the same. just wish I could manage the fear.
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The upward judgment is the same. Just manage your fear.
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Since I was on a business trip for about 2 days, I was unable to update the section where I needed advice. I think they must have felt a lot of fear because there was a strong correction after the rise in ABC. Letβs identify and respond to the current sectionβs reverse head and shoulders.
As much as I felt fear, I think the results will be good.
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A squeeze occurred in the 62.5k section, so it appears to be slightly more depressed than the calculated value, but the judgment is the same. We plan to monitor the section by identifying reverse head and shoulders.
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62.5k A squeeze occurred, 3% more than expected. The type of squeeze that occurred is being judged from the image below.
Personally, I thought that the rebound would come a little early rather than creating a reverse head and shoulders with a large flow like that, but now that the pattern has been completed, I plan to identify it based on the completed flow.
The author is also currently in position without sl. Manage your fears.
Note
Building wxy created a compound correction that resulted in wxyxz within the y wave. This trend is not a basis for denying the upward impulse of the 5th wave.
but
It is thought that there is a possibility that losses may have occurred depending on the leverage in the current squeeze because the decision on the digonal was given priority over the decision on the rising wedge and long positions were encouraged, unlike at the beginning of the idea.
If it's a 6% squeeze, this is bad advice.
We can "assure" followers who maintained long positions that there will be no loss, but followers who had already closed their positions out of fear would have continuously needed follow-up advice, but that part was insufficient. (Sleep)
Although the author does not run a referral or reading room, he is aware of the weight of being trusted.
We sincerely apologize for the lack of follow-up advice due to a lot of external work recently, and for the lack of follow-up advice in an area where people would feel very scared.
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