Get started

1to1

Update for BTC BEARS - Are we Bull or Bear? What I learned.My last update on this was overconfident in the downward trendline. I fess up to this shortsightedness. I did end up stopping out. However! What did I learn? This is most important. There is a 1:1 extension on the chart (as seen here) this is now a tricky setup. I have re-entered a short on the 41.5k range, looking to exit half the position when we retest the downward trendline. If we bounce off that, or we extend to 45k, I will start to consider a bullish thesis (but only short term). I won't be bull until we break over 200 day MA. That's the deal. Hope this was helpful! :)
Short
by Shadowfigure
5
bat pattern gbpjpy buy 1 to 1 measured move, 161.8 extension of a to b to a, overall daily fibs at 61.8, all line up with a bat completion. 4 hr divergence drawn with red arrows on chart and rsi on 1 hr current double bottom forming and even on 15 minute chart another bat formation the gap closed with the wicks looking left at yellow bubble I have entered on the 1hr double bottom with stops bellow my wicks however can await a 2618 after it breaks 1 hr neckline of double bottom for more conservative entry disclaimer: all my setups are for my personal trading purposes you should only use my charts as confluence to your own ideals.....
Long
by brww03