Javierif14

Javierif14

Only considering price action.

Javierif14

Bitcoin kinda unpredictable but we will see.

Javierif14

Third retest and all the way up.

Javierif14

Carefull with a possible third retest in the upline

Javierif14

You already know what is about to happen.

Javierif14

Confirmations: Possible 61.8 fibo Possible confluence between 61.8 and the 110.300 price that is actually a strong s/r zone Possible 50 ema retest Flag pattern in the retracement Possible common 'the price breaks a resistance, then goes and make a retest now as a support and goes all the way up again.

Javierif14

You can see a clear divergence in the price that could represent a bullish impulse, specially considering the strong support/resistance zone that we can see that the market could restest as well. This is a 1:3 approximately trade. Remember you always have to take care of your money. We never have clear how much we can win but we can have clear how much we are...

Javierif14

Confluence factors: -Major down trend -Fibo 38.1 and resistance zone retest -50 EMA Retest -Elliot Waves -Flag retracement pattern after impulse ONLY OPEN THE TRADE IF AN ENGULFING BEARISH BAR APPEARS IN THE CONFLUENCE ZONE

Javierif14

Confluence factors: -Bearish trend -Possible 50% and s/r zone retest -Flag correction pattern after impulse -Possible 50 EMA retest RISK MANAGEMENT 1:2

Javierif14

Confluence factors: -Flag pattern retracement -Possible 38.1 fibo retest -Possible support/resistance zone retest MUST READ: This is a highly risk possible trade considering that we are going against the trend. Even though, if you manage your risk wisely you can trade this potential trade with no problems.

Javierif14

Confluence factors: -Downtrend -Possible s/r and fibo retest confluence -I forgot what else lol

Javierif14

Confluence factors: -Down trend -Low volume in the bullish impulse -Channel pattern possible superior line retest -Important support/resistance zone

Javierif14

Confluence factors: -Flag pattern -50% Fibonacci retest -50 EMA retest - 15 min "support/resistance" zone

Javierif14

Considering the divergence, the way the price is moving (more like correction than a strong impulse bullinsh move), the current downtrend (daily timeframe) and the channel/support resistance zone, this could be a potential short trade. ONLY TRADE IT IF YOU SEE AN ENGULFING BEARISH BAR then the price test the confluence level.

Javierif14

Confluence factors: -Flag pattern -Possible 38.1 fibo retest -Support/resistance -Possible 50 EMA retest -Bullish channel You can either decide to trade the breakout or trade the retest zone. Remember breakouts confirm the patterns that we think the market is doing. In this case, we are talking about a POSSIBLE (not confirmed) flag pattern. If the price breaks...

Javierif14

Following the downtrend, we can say we see a 'clear' short opportunity by looking at the flag pattern, which is a continuation pattern. The price could also reach a 50% or 61.8% level from the fibonacci and combining it with the support/resistance zone, and the possible retest to the 50 EMA, it could be a potential trade.

Javierif14

Clear Elliot Waves on the way. Remember to always follow the trend.

Javierif14

I think the price is going down because it´s reaching an important Fibonacci level (50% in this case), plus the 50% represents a support/resistance zone, plus, the price is forming a flag pattern, and the primary trend (daily) is an uptrend.