Just a simple trade, waiting for confirmation, managing money, and then jumping in. Thank me later.
4H Deceleration box received at entry zone. = Instant market execution Buy.
Great day today although maybe not the best conditions depending how you trade. I was able to catch a second chance entry for an Anty setup. Although price did not follow through with the trend, I caught the second leg of the attempted continuation. Price trailed up above yesterdays high and then came to a swift collapse back down below followed by a repeated...
Join me as I dive into my daily analysis routine, conducted every evening before the market opens. I'll show you how I decide whether to trade or stay out of the market the following day. My strategy revolves around trading just two currency pairs, and I'm excited to share my insights with you. Stay tuned for regular updates and trading tips.
Chart reached 70.25k and went bearish, staying in a state of sideways. This sideways form a triangle which broke below. Watching USD strength, there's a great chance that bitcoin will get even weaker making a bearish trend, but for safety, I don't recommend on selling. D1 timeframe shows that tuesday haves high chance to finish bullish, so if bearish happens, it...
Elliot Wave on recent bearish trend finished. High volume candles where left behind. Waiting for volume correction. Chart bounced on 300% E.W. fibo. . Fibo is between 2 and 4 peaks of E.W. Expecting to reach at least, cloose to the top of closest H volume candle.
A minor Elliot Wave finishes. Waiting for bearish E.W. to form. Awaiting retest on boxes. USD will weak it's power so USDCAD will probably show strong bullish movement.
Chart finished a bearish Elliot Wave and now can u-turn. Since it didn't complete full volume correction, it can go directly to 338% of E.W. fibonacci. Fibonacci is between 2 and 4 of E.W. The boxes are from an hour that was five times repited from a previous HH (or LL). Retest can finish without hitting the box. Sidenote: I have two boxes and don't know...
Elliot Wave has been settled in D1 time frame. Waiting for fifth wave to finish on 300% of E.W. fibonacci. Fibonacci is between 2 and 4 peak of E.W. USD should become strong or BTC become weak, which, I believe it's what's going to happen. SL behind 1 peak. there's a chance that wednesday finish bearish. Note: Trade wise 👍 think cold.
Chart finished a bearish Elliot Wave and now can u-turn. Since it didn't complete full volume correction, it can go directly to 338% of E.W. fibonacci. Fibonacci is between 2 and 4 of E.W. The boxes are from an hour that was five times repited from a previous HH (or LL). Retest can finish without hitting the box. Sidenote: I have two boxes and don't know...
Chart made a simple u−turn toward a midle low peak of a HH peak. Big waves (w−z) still ongoing. Even so, I'll start selling now to take the first bearish wave. Fibonacci is on a LL and midle HH. This is a strong fibonacci support if chart bounce on the 100% level once so then it reaches 288% or even 461%. I'm using it for reversal prediction.
Elliot Wave finished forming the A of ABC correction just on the fourth wave of giant minor E.W. D1 t.f.. Two sets of abcde waves finished and builded a complete smaller abc correction, giving open doors for a bullish momentum. Trend still can continue until 300% of E.W. fibonacci. fibonacci is between the 0 and 2 of E.W., starting from 50% instead of 0. It...
BTC is bearish but freezed as if it's in an accumulation state. If it keeps bouncing up, bullish scenario should appear to make few volume corrections left behind. High volume candle needs to be corrected.
ABC correction of recent downtrend in progress. Current bullishtrend should reach at least 37.6k. A from ABC correction hits double top. This is for better structure. Triangles show resistance and weaknesses of chart progression. The current triangle should be repelling it, making chart go more directly toward objective. The w to z waves are to identify a...
HH peak settled on H1, make first cup pattern (reaching 200% zone of reversed head and shoulders), completed a rational two (to three) wave sets of abcde, and, if chart wants to complete a tripple peak pattern hitting a diagonal resistance, it can even complete the triangle showing end of accumulation and start of distribution, breaking the zones below, reaching...
After seven bullish minor waves in H4 t.f., later on chart reached 65.5k with a HH shadow that hits 300% of previous candle putting fibo. inside of it, on coordinates 64500 and 64k. The red parallel channel shows where chart feel atracted. Combining this aspects I can assume chart will go bearish for the moment. Later on, it should reach 57k at least, completing...
Finished bullish Elliot Wave. Sideways should take half of bullishtrend, top of recent bearishtrend, create weak bullish candles or pass resistance and crash down. Can form a triangle pattern. If not, it can do a cup pattern. tip: use a to e waves to know sideways structure end. You can start it from lowest peak and set two more for structure...
ABC correction finished. Short Elliot Wave reached 300% of fibonacci. Bullishtrend has been progressing. Waiting for the fifth peak of small E.W.