GBPUSD, H4 - further decline ahead?It seems that current move is corrective phase before further decline. First price needs to break from wedge pattern and break the structure below 1.3730
Correctivestructure
Bitcoin Analyze (End of Rally is uploading)!!!⏰Hi, I hope you read my previous post and took an idea from my analyze.
Today I tried to find the end of this rally by Bearish Expanding Triangle Pattern ( Main wave B from the corrective structure ).
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
Location🌊 : if you want to know about counting waves of Bitcoin from 😱 2.5$ 😱 until the end of the Main wave A that you are seeing it on my chart, first you can read my previous post with topic '' Bitcoin Analyze 🗺️🔥(Counting Waves + Road map+ Long-term)🔥🗺️ '', second please read my post with topic '' Bitcoin Analyze (Road Map)!!!🗺️ '' too.
Live : Bitcoin is moving simultaneously in a Rising wedge and Bearish Expanding Triangle . We expect after breaking the lower line of the Rising wedge , We reach the bottom line of the Bearish Expanding Triangle , which would be the sixth attempt to cross lines of the triangle, it may have multiple pullbacks to the broken bottom line of the Bearish Expanding Triangle , and this may create a Head and Shoulder pattern in which will prove the start of Mani wave C of corrective structure ABC .
Interestingly, the neckline of the Head and shoulder pattern might be the target of the Rising Wedge pattern simultaneously.
Here I want to briefly explain the Fibonacci retracement levels of the waves inside the Bearish Expanding Triangle .
Guidelines :
Wave B can retrace 78.6%– 88.6% of wave A = It has complied ✅
Wave C is usually 138.2% – 161.8% x wave A in size = It has complied ✅
Wave D can retrace 78.6%– 88.6% of wave C = It has complied ✅
Wave E is usually 138.2% – 161.8% x wave C in size = End of wave E can be between 138.2% x wave C= 49972$ until 161.8% x wave C= 51000$ , we have to find signs for verifying the end of Wave E. I think that we passed the end of wave E a few hours ago, the end of wave E could be on my TRZ .
RSI : RSI has important resistances in front of itself, and we can see Bearish Deep Crab 🦀 that it is working now, and I think that this bullish rally can finish with a symmetrical triangle on RSI . Daily Timeframe ⏰ 👇https://www.tradingview.com/x/cfzW09Cp/
MACD : MACD is running in the symmetrical triangle and I guess that MACD will break the lower line of the triangle. also, we have Divergence between Price and MACD ( RD- ) until now. 4h Timeframe ⏰👇
My Suggestion : if you have Bitcoin , you have to think about taking profit from them Soon/ if you don't have coins, Don't be FOMO , probably time will give you another chance 👍😉// if you find triggers for short positions, you can do it.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
BTCUSD : LONG ENTRYImpulsive break of the descending channel with a possible corrective structure in the process.
AUDUSD : LONGBullish momentum formed followed by a corrective structure within a descending channel.
ICB BABA with trend BABA ICB corrective structure forming
should breakout and find support later on
major support level are in play further down
Elliott Wave Analysis: ZOOM Could Become Attractive AgainHello traders and investors!
Today we will talk about single stock ZOOM, in which we see pretty nice and clean pattern.
As you can see, ZOOM made quite big decline since October 2020 till May 2021, lost more than 50%, but it looks like a three-wave a-b-c correction within a higher degree wave 4, especially if we consider recent strong and impulsive bounce from the projected support zone, which confirms a completed correction within uptrend that can send the price back to highs for wave 5.
Furthermore, we can currently see a nice three-wave (a)-(b)-(c) setback of a lower degree which may belong to a subwave "ii" of a higher degree wave 5. So, if ZOOM manages to recovery back above 400 region once again, then we can easily expect a bullish continuation back to highs, probably within a new five-wave cycle for wave 5.
What is also important to mention is that holidays nearing the end, so schools and everything else start in September which means that there will definitely be more demand for ZOOM.
In case if the price stay slow and sideways, we can also consider a bigger bullish triangle pattern, so bigger and longer consolidation within that higher degree wave 4 correction before we will see a continuation higher.
Be humble and trade smart!
If you like what we do, then please like and share our idea!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Elliott Wave Analysis And Correlation Between OIL and CADJPYHello traders!
Today we will talk about Crude oil and its positive correlation with CADJPY currency pair.
As you can see, Crude oil and CADJPY are in tight positive correlation and both made a complex W-X-Y corrective decline from the highs with nice and strong support from April/May.
The main reason why they are correlated is because Canada has one of the largest OIL reserves, that's why CAD is strong when OIL is up. If we also consider risk-on sentiment, where OIL is bullish and JP yen currency bearish, then we get that result.
Well, respecting the price action and wave structures, with current strong and impulsive rebound, it looks like a correction within uptrend can be completed and we can expect further rally at least in three waves, so more upside can be seen after a short-term pullback, maybe even back to highs.
Be humble and trade smart!
If you like what we do, then please like and share our idea!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
EUR/GBP Analysis Welcome back!
Please support this idea with a LIKE and COMMENT if you find it useful.
*****
EUR/GBP Analysis - We expect price to pull back to previous support for a corrective wave and continuation to the upside. Support zone would be the best zone for KiSS 2.0 scalp and intraday. Potential short zone for KiSS would be 8613 area. WAIT FOR IT! :)
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!
- BKH
NIFTY WILL CORRECT UPTO11300Using my vast experience in Elliot wave labelling, I charted a super cycle count for NIFTY INDEX.
NIFTY Completed its 5 legged 3rd wave and extended its ''B'' Wave recovery(Running flat correction)to16700
A five legged wave 'C' of WAVE ''4'' will bring the index to minimum 38.2% to 11300 before April 22 and oscillate up and down till July24
We have more time to resume 5 th wave ,which will make you richer again to 25000
NOW its time to play with bears
Bitcoin Analyze (Counting Waves+Scenarios)!!!Hi, I Came back again with Bitcoin counting waves. still, I am believing that Bitcoin was able to pass Main wave B at 48800$, also, As I said in my previous post ''Bitcoin Analyze (Counting Waves at Timeframe 15min)!!!'',❗️Warning❗️: over 46822$, my counting waves will be fail. and NOW, my counting was failed (Normal, counting waves can change). So I tried to count again and find 2 Scenarios for these Days & Hours.
I don't know that did you read my previous post about Bitcoin analysis or not !? if YES, please read this post, if NO, first please read my post with the topic''Bitcoin Analyze (Road Map)!!!🗺️''.
Bitcoin Analyze ( BTCUSDT ) Timeframe 30 min⏰
Location🌊: Bitcoin was able to pass Main wave B at 48800$. now, I think that Bitcoin is resting time ⏰. after Main wave B, we save wave A that it had 3 microwaves (5-3-5 ZigZag), so the Corrective Structure of resting time can be (3-3-5 (Flat) =Scenario 1) or (3-3-3-3-3 (Triangle (probably Contracting Triangle)= Scenario 2).
At the moment Bitcoin is running on wave B. we passed microwaves a & b of Wave B that they had 3 microwaves, so wave B is a flat correction (3-3-5). now we have to find the end of microwave 5 of microwave c of wave B.
Tip: microwave 3 of microwave c of wave B is extended. If wave 3 is extended, then wave 1 and 5 are often nearly equal in magnitude and duration. If equality is lacking, a 61.8% relationship is next most likely. If microwave 1 and microwave 5 want to be equal in size, microwave 5 can continue up to 47413$ (Around the Current Price + TRZ).
As result,47413$ can be one of the targets of the end of wave B. the end of wave B can continue until 48100$ or even 49100$.
In addition: stochastic is showing the end of the movement 👇
When we can find and sure about the end of wave B, we will have 2 Scenarios :
Scenario 1: Bitcoin will complete Flat Correction (3-3-5) and probably it will break our Heavy Support (43960-43770$) == Sign for starting Main Wave C.
Scenario 2: Bitcoin will complete Triangle Correction (3-3-3-3-3), probably this triangle will be Contracting Triangle.
My Suggestion: if you have Bitcoin, you have to think about taking profit from them Soon/ if you don't have coins, Don't be FOMO, probably time will give you another chance 👍😉/ If you find the end of wave B & triggers, then you can open Short Position.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Bitcoin Analyze (Counting Waves at Timeframe 15min)!!!Hi everyone, I am trying to explain fast about this post because we are talking about Timeframe 15 min ⏰.
Bitcoin Analyze ( BTCUSDT ) Timeframe 15 min ⏰
I don't know that did you read my previous post about Bitcoin analysis or not !? if YES , please read this post, if NO , first please read my post with the topic'' Bitcoin Analyze (Road Map) !!!🗺️''.
Location 🌊: Bitcoin was able to pass Main wave B at 48800$. now, Bitcoin has started Main Wave C that which has 5 microwaves. if I want to say more accurately, probably Bitcoin is running on microwave 3 of microwave 1 of Main wave C , While microwave 3 is extended.
Exactly, Bitcoin is on microwave 2 ( WXY Double Three Structure= Double ZigZag ) of microwave 3 of microwave 1 of Main Wave C (Long Story 😂).
wave Y also usually ends at 100%( 46000$ ) – 161.8%( 47110$ , not accept⛔️) Fibonacci extension relative to wave W . The third swing wave Y should not go up 161.8%( 46300$ ) extension of the first swing wave W . Otherwise, it increases the odd of further upside.
the end of wave Y :
Target 1: 46000$ until 46300$ (more possible)
Target 2 : 46000$ until 46822$
❗️Warning❗️: over 46822$, my counting waves will be fail.
Bitcoin can move between 46180$ until 43960$ = Rest time ⏰ Or when Bitcoin arrives in our heavy support ( 43960-43770$ ), it can be break support and making microwave 3 of microwave 3 of microwave 1 of Main wave C .
My Suggestion : if you have Bitcoin , you have to think about taking profit from them Soon/ if you don't have coins, Don't be FOMO , probably time will give you another chance 👍😉.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
EURJPY : WAITING FOR A SETUP TO GO LONGFrom here I am anticipating a development of a corrective structure possibly on the 15min chart, in order for price to break out of the descending channel.
EURJPY LOOKING FORWARD TO GOING LONGDescending channel with an impulse and corrective phase.
If price happens to be rejected at the low of the correction I will gladly go long.
XAUUSD SHORT ENTRYAscending channel with an impulsive break below.
Looking forward to taking a trade if price makes a double top within the corrective structure which can possibly happen now or later.
Else I will place a sell stop with entry below the corrective structure while maintaining the stop loss and profit target.
Bitcoin Analyze (Road Map)!!!🗺️Hi everyone, Today I want to talk about Bitcoin's Road Map 🗺️ and find the end of this Beautiful Ralley.
First, I have to say sorry for the busy chart, but I suggest to you please spend some minutes on this post, probably useful (This is just my idea).
Bitcoin Analyze ( BTCUSDT ) Timeframe 8h ⏰
Location🌊: Bitcoin's Correction has started at around 64200$ . Bitcoin was able to pass the First Main wave of Correction (Main wave A) at 28805$ . Wave A had 5 microwaves, so we have to wait for seeing ZigZag (5-3-5) Correction (I am believing that corrective structure hasn't ended ).
Now, We are on Main wave B, and Main wave B has to have 3 microwaves (A-B-C).
The first step : Finding the end of Main wave B.
I found the end of Microwaves A & B of Main wave B. microwave A and B of the Main wave B have 3 microwaves, so microwave C has to have 5 microwaves. The structure of Main Wave B will be Flat (3-3-5).
The Second Step : Finding the end of Microwave C of Main wave B (my Aim 🎯).
Where is the end of Main Wave B ?
1) Because we are on ZigZag Correction, Main wave B usually retraces between 38% – 79% of Main wave A ( 42575$-57140$ ) but We can limit this range by Guidelines .
Guidelines :
If wave B is a running triangle, it will typically only retrace 10 – 40% of wave A= our Main wave B is Not running triangle ⛔️
If wave B is any other sideways correction, it will typically 38% – 50% of wave A= The end of our Main wave B can be around this zone ✅ ( 42575$-46830$ )
if wave B is a zigzag, it will typically retrace 50% – 79% of wave A= our Main wave B is Not ZigZag ⛔️=== Structure of Main wave B is Flat , as result End of Main wave B can be around 49685$
2) as I said, microwave C has 5 microwaves, while microwave 1 of microwave C is extended .
Guidelines :
If wave 1 is extended , then the size of wave 3 through to the end of wave 5 is often 61.8% – 78.6% (45470$-47684$) relative to the size of wave 1== 47684$ (Current Price)❗️== it can be the end of Main wave B ❗️
If wave 1 is extended , then wave 2 and 4 are very likely to be shallow (i.e. 23.6% – 38.2%)== This item has complied ✅
If wave 1 is extended , then wave 2 will often end at the level of sub-wave 4 of 1 (i.e. the internal wave 4 of wave 1)== This item has complied ✅
Also, microwave C of Main wave B is running on a Rising Wedge .
Result : we can find End of Main wave B from 47684$ until 49685$ .
In addition, probably we can find the end of Main wave B at TRZ .
The end of Main wave C can be around 27113$ (Even).
Thanks for reading this post, I hope that is useful for all.🌹🙏
My Suggestion : if you have coins, you have to think about taking profit from them Soon/ if you don't have coins , Don't be FOMO , probably time will give you another chance 👍😉.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
NZDCHF : SHORT SETUPWith a strong break out of the ascending channel followed by a corrective structure, the set up will be more favourable for a short position .
But if a small correction is formed at this moment then the short set up will still be confirmed
BTCUSD : SHORTDouble top within an ascending channel followed by a push below.
From here a corrective structure will make the setup more interesting.
Bitcoin Analyze (Ascending Channel+ Counting Waves)!!!Hi Every, what did you do these days ?! did you take profits from the market or just Watching Charts & ideas?
Today I want to Count the waves that we are seeing on our Ascending Channel , and find where is the end of this beautiful Ralley 😊 ?!
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
First, If you want to know about my analysis for Daily Timeframe, Please visit my previous post '' Bitcoin Analyze (Daily)!!! ''.
Location🌊 : My idea, Bitcoin is Still on Corrective structure and it didn't start New 5 Impulsive waves , so the waves that are seeing on Ascending Channel have Corrective Structure (A-B-C).
Wave A : it has started from 29280$ until 42600$ == Structure of Wave A == 5 microwaves == So we could understand, we will have a Zigzag correction (5-3-5) .
Wave B : it has started from 42600$ until 37330$ == Structure of Wave B == 3 microwaves ( Falling Wedge ).
Wave C : it has started from 42600$ until ?? = Structure of Wave C == 5 microwaves.
Where is the End of Wave C ? (Regarding the end Time of wave C , we can find the end of wave C at TRZ )
Scenario 1 : If wave B is a triangle or Wedge , there is a higher chance that wave C may only reach the 61.8% extension target == 45564$ == Around current Price == More Possible
Scenario 2 : Waves A and C of a correction tend towards equality ( same size 100% ) == 50652$
My Suggestion : If price can break our Heave Resistance you can open Long Positions and your take profit will be around 50652$ // If the price is starting to go DOWN from the current price zone, then you can find triggers for opening Short Positions.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ ' like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
AMC Elliott Wave Analysis : AMC is Sitting on a Ticking Bomb
_____________________1 Hour__________________
The wave C of wave ((4)) is to complete and we are going to ride on an impulsive wave ((5)).
One can take safe entry when price breaks parallel channel or Enter at wave 5 of wave (C)
As per rule wave, 4 can never overlap the starting point of wave 1 so our SL will be high of wave 1.
Note: the retracement of wave ((3)) is 3.618% that’s why we May get truncated 5th.
Bitcoin Analyze (Counting Waves(Short term))!!!Hi Everyone, I think that finally, I was able to find the end of Micrwave 4 of main wave C , and now Bitcoin is dancing on Microwave 5 of Main wave C ( The End of Correction ) ❗️
I don't know that did you read my previous posts about Bitcoin analysis or not !? if YES , please read this post, if NO , first please read my post with the topic'' Bitcoin Analyze (Counting Waves)!!! ''.
Bitcoin Analyze ( BTCUSDT ) Timeframe 1h ⏰
Location🌊 : I think that we passed microwave 4 of main wave C at 42599$ . The shape of microwave 4 was Triple Three Corrections , and I was able to find the eleventh swing (Wave (Z)) + The structure of wave C of wave (Z) was Ending Diagonal .
Live : Bitcoin passed microwave 1 of microwave 5 of main wave C and now we are on microwave 2 of microwave 5 of main wave C . I found microwave A & B of microwave 2 and we have to find the end of microwave C of microwave 2 .
The structure of microwave 2 is a Regular Flat (Probably).
Guideline s: The structure is called a ‘ Regular‘ Flat , if wave B retraces between 90 %- 105% of wave A , and the size of wave C is 100% – 105% of wave A ==it has complied ✅
End of microwave C of microwave 2 : 39960$ until 40080$ , this point can happen at our TRZ + We will have Bearish AB=CD Harmonic Pattern .
I tried to show you our Resistance Zones & Suppor Zones that we have in front of Bitcoin .
Resistance zones & Suppor Zones on Bitcoin's way (Respectively):
Resistance zone: 39216$ until 39308$ ( Resistance+ Cluster of Fibs+ Weekly Pivot Point)
Resistance zone: 39960$ until 40080$ ( Resistance+ Cluster of Fibs+ Regular flat(Guidelines)+ Bearish AB=CD Harmonic Pattern )
Resistance zone: 40650$ until 41000$ ( Resistance+ Cluster of Fibs )
Resistance zone: 41530$ until 41650$ ( Resistance+ Cluster of Fibs )
Resistance zone: 42600$ until 42800$ ( Resistance+ Cluster of Fibs )
Suppor Zone: 37729$ until 37380$ ( Support + Cluster of Fibs + Monthly Pivot Point + Yearly Resistance 1 )== Heavy Support
Suppor Zone: 35940$ until 35660$ ( Support + Cluster of Fibs + Weekly Support 1 )
Also, we had a lot of Head and Shoulder Patterns at Microwave 4 of main Wave C . Probably the next one is uploading now again.👇( Head and Shoulders Festiva l 😀)
In addition, please visit this post 👇
My Suggestion : please do NOT buy Coins for Midterm and Long-term investment until the market finds a way.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ ' like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
Cardano Counting Waves!!!Hi, Today, I want to specify the location of Cardano ( Counting Waves ). The Cardano is one of my favorite coins😍.
Cardano Analyze ( ADAUSDT ) Timeframe 4h ⏰
I have to say, these days, most of the coins are on Corrective Structure , but I am trying to show u at least the Resistances and Supports that exist in front of coins.
Location🌊 : Cardano finished Main wave 3 at 2.47$ , then it started the Main wave 4. Cardano is running on Main wave 4 ( Zig zag 5-3-5 ) for about 47 days , and I think that Main wave 4 will take more time from us.
The microwave A has finished at 1.051$ ( impulsive== 5 waves ).
We passed from microwave B by Rising Wedge . The end of microwave B was at 1.8897$ .
Now, we have to find the end of microwave C of Main Wave 4 . I was able to find microwaves 1 & 2 & 3 & even 4 of microwave C , and I think that we are on microwave 5 of microwave C of MainWave 4, right now (if the price goes down less than 1.1550$ , I can say that microwave 4 has finished and we are on microwave 5 of microwave C of MainWave 4).
❗️Also, we can expect that microwave 4 of microwave C of main wave 4 will rest at Time ⏰❗️
I tried to show you our Resistance Zones & Suppor Zones that we have in front of Cardano .
Resistance zones on Cardano's way :
Resistance zone : 1.42$ until 1.376$ (Resistance + Cluster of Fibs + Monthly Pivot Point )
Resistance zone : 1.59$ until 1.57$ (Resistance + Cluster of Fibs +Contracting Triangle's Target)
Resistance zone : 1.76$ until 1.73$ (Resistance + Cluster of Fibs)
Resistance zone : 1.928$ until 1.90$ (Resistance + Cluster of Fibs)
Support zones on Cardano's way :
Support zone : 1.22$ until 1.167$ (Support + Cluster of Fibs)
Support zone : 1.049$ until 0.945$ (Support + Cluster of Fibs + Rising Wedge's Target) == Heavy Support
My Suggestion : please do NOT buy Coins for Midterm and Long-term investment until the market finds a way or we can wait for the end of correction ( Main wave 4 ).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
Good luck
Ethereum (Counting Waves + London Hard Fork)!!!Hi, Today I came back with Ethereum analysis after the last post that I published on Jun 21 ( Topic: Ethereum Counting Waves !!! ).
Ethereum’s long-awaited London hard fork is likely to launch on Aug. 4 between 13:00 UTC (9 a.m. ET) and 17:00 UTC, with block 12,965,000 . Many Ethereum enthusiasts are excited for the delayed release, while some are watching on with “cautious optimism.”
As a part of a roadmap designed to lead up to the release of Ethereum 2.0 , which will replace Ethereum’s current proof-of-work protocol with proof-of-stake , the London hard fork has been implemented into various testnets. After successful activation on the Ropsten and Goerli testnets, the final hard fork release date was decided.
Ethereum Analyze ( ETHUSDT ) Timeframe 4h ⏰
Location🌊 : Ethereum finished Main wave 3 at 4370$ (We saw a great rally on this wave), then it started the Main wave 4 . Ethereum played on Main wave 4 ( Zig zag 5-3-5 ) for about 69 days , and I think that end of the Main wave 4 was at 1706$ (The end of microwave C ). The microwave A has finished at 1866$ (impulsive== 5 waves). We passed from microwave B by Contracting Triangle (The end of microwave B was at 2847$ ).
Live : I think that Ethereum was able to find its own way, and it has started Main wave 5 for making a new All Time High (ATH) . now Ethereum is running on Microwave 1 of main wave 5 , and we have to find Corrections that we can jump to it.
one of the important corrections that we can concentrate on is a microwave 2 of Main wave 5 , if we can find the end of this microwave, it will be a good chance for buying Ethereum for a Midterm or even a Longterm .
First , we have to answer this question 👉 where is the end of microwave 1 ?
Target 1 : 2653$-2620$ (Current price + probably we will see dump after Ethereum’s London Hard Fork)
Target 2 : 2826$-2822$ == Heavy Resistance (Monthly Resistance 1 + Fib cluster+ Point C of Bullish 5-0 Harmonic Pattern+ TRZ)
Second , where is the end of microwave 2 ?
Target 1 : 2263$-2081$ (Monthly Pivot Point + Fib cluste + Yearly Resistance 4)
Target 2 : 2263$-2180$ (Monthly Pivot Point + Fib cluster + Point D of Bullish 5-0 Harmonic Pattern)
My Suggestion : if you want to have Ethereum on your portfolio , you can wait for the best Corrections and then jump .
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ ' like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Bitcoin Analyze (Counting Waves + Symmetrical Triangle)!!!Hi, sorry, I don't have time to explain more about this post, because we are talking about a timeframe 15min⏰(I hope that is useful).
Bitcoin Analyze ( BTCUSDT ) Timeframe 15min ⏰
Location🌊 : about the location of Bitcoin , please read my post with the topic '' Bitcoin Analyze (Counting Waves)!! !''.
Live : we saw 5 impulsive waves from 36383$ until 40848$ . now we are on Corrective Structure ( Flat (3-3-5) + Complex type(WXY) ). waves W (3 microwaves) & X (3 microwaves) made a Symmetrical Triangle and I am expecting that Wave Y can decrease to 38500$ until 38200$.
also, MACD is in a Symmetrical Triangl e too, and RSI is playing on Descending Channel .
My Suggestion : please do NOT buy Coins for Midterm and Long-term investment until the market finds a way ./ you can find triggers for opening Short positions( short term ).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
