Hi traders,
Last week Bitcoin made an impulsive move up through the Daily FVGbut rejected from a higher Daily FVG and dropped again. After that it consolidated the whole week.
This could be a Triangle. So after it's finished we could see another move down (blue c-wave) to finish the bigger (grey) WXY correction.
Or the (purple) Triangle is the last Y-wave and it goes up from here.
Let's see what the market does and react.
Trade idea: Wait for a small correction up and a change in orderflow to bearish on a lower time frame to trade shorts.
Or wait for an impulse wave up and a small correction down to trade longs.
If you want to learn more about trading ICT concepts with wave analysis, please make sure to follow me, give a boost or respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis.
If you don't agree, that's fine but I don't need to know it.
Don't be emotional, just trade!
Eduwave
Last week Bitcoin made an impulsive move up through the Daily FVGbut rejected from a higher Daily FVG and dropped again. After that it consolidated the whole week.
This could be a Triangle. So after it's finished we could see another move down (blue c-wave) to finish the bigger (grey) WXY correction.
Or the (purple) Triangle is the last Y-wave and it goes up from here.
Let's see what the market does and react.
Trade idea: Wait for a small correction up and a change in orderflow to bearish on a lower time frame to trade shorts.
Or wait for an impulse wave up and a small correction down to trade longs.
If you want to learn more about trading ICT concepts with wave analysis, please make sure to follow me, give a boost or respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis.
If you don't agree, that's fine but I don't need to know it.
Don't be emotional, just trade!
Eduwave
🆓 Check my IG posts for free education
💯 Learn to trade my plan based on FVG's and wave analysis with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
🔥 Other (free) products: eduwavetrading.gumroad.com
💯 Learn to trade my plan based on FVG's and wave analysis with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
🔥 Other (free) products: eduwavetrading.gumroad.com
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.
🆓 Check my IG posts for free education
💯 Learn to trade my plan based on FVG's and wave analysis with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
🔥 Other (free) products: eduwavetrading.gumroad.com
💯 Learn to trade my plan based on FVG's and wave analysis with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
🔥 Other (free) products: eduwavetrading.gumroad.com
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.