Hi Traders,
Returned from a 6 week break and now my thoughts on BTC.
Some time back I stated I would not be surprised if BTC ranges for some time before making new highs.
I still feel that we are in this channel with a corrective pattern of some sort.
The vwap and some levels of significance with fibs tends to make me believe we will sill hit the lows with a potential rejection here (no trade entry). But the wedge structure could make it hit its target at teh 618 fib for a short entry (like a fake out) and then drop.
The blue and red a vwaps from different pivot points.
We look for the response with our 2 methods. SFP or FA.
We go into detail at the time, for a trade entry. At times we miss out because we are not online.
All the best,
S.SAri
.
Returned from a 6 week break and now my thoughts on BTC.
Some time back I stated I would not be surprised if BTC ranges for some time before making new highs.
I still feel that we are in this channel with a corrective pattern of some sort.
The vwap and some levels of significance with fibs tends to make me believe we will sill hit the lows with a potential rejection here (no trade entry). But the wedge structure could make it hit its target at teh 618 fib for a short entry (like a fake out) and then drop.
The blue and red a vwaps from different pivot points.
We look for the response with our 2 methods. SFP or FA.
We go into detail at the time, for a trade entry. At times we miss out because we are not online.
All the best,
S.SAri
.
Trade active
Trade closed: target reached
Note
End result.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
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.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
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.