Bitcoin has been slowly playing right into our hands.. I see more Downside and I'm looking for a few places to trade short term. I believe we are in an impulse move to the downside. currently in a wave 3 on a smaller degree. im looking for the corrective structure to complete and for price to break out signifying more downside.
CHECK THE CHART.. PRICE COULD GO EITHER WAY.. UP OR DOWN.. IF ITS UP.. LETS GO TO WAVE C.. IF ITS DOWN SADDLE UP.. WE GONE!..' LOOKING TO TRADE ONCE I CLEARLY SEE WHERE PRICE IS GOING!
Check this out! We should have a short term buy setup on the 15 min. dont hold for long... maybe a few hours... if we get a pullback with a 3 corrective pattern we are in on the break of the structure!!! Follow me for more updates
Im a stickler for big titles..lol this is my approach to looking at the potential reversal zone or completion zone for BTC. the fib Extension of the previous C wave of the 1st Corrective Structure is what I am using. I believe that if we are indeed in a C Wave of a correction,,, then it should retrace to at least the 127. Extension of the previous C leg. As we...
just a mark up of the Wave count.. look for short term weakness on the Dollar. and trade against it by buying other instruments. GU up EU up AU up BTCUSD up USDJPY down USDCHF down
Found a Gartley that confirms a 3 wave corrective structure on the 15 min. as this trade unfolds lets see what happens. my stops are tight as per the harmonic rules. my target is 100% of the XA leg.. because I am anticipating a Flat correction. Also i see williams indi reversal signal.
127% of previous leg serves as a good TP Everytime. :) follow for more updates. lets see how it plays out.. VIX FIX says we are in the reversal zone... market does need to correct.. before heading down.
hello ... as I am still trying to learn this software.. I have marked up a potential outlook for Bitcoin. check the waves out for yourself and see what you think.
As I am plotting out possible senarios to this complex correction on the 240M Chart, I am having to get into the lower time frames to help me sort out these movements. I see on the higher time frame (240M) : -Impulse completed.---Then price makes a wicked irregular Flat, breaking the top of wave 5 and falling pretty far. -Price then rose to the 61.8% fib of...
Well... As I have been following BTCUSD I noticed a gartley that could be forming.. I marked it up a few days ago but didnt get a chance to post.. I believe a bearish Gartley will only set us up for the posible ending of this complex correction! let keep an eye on it..
BTC IS GROWING STRONG. I SEE THAT THE ABC CORRECTION HAS SEEMED TO BE COMPLETED AND WE ARE NOW LOOKING FOR THE START OF A TREND. WHAT DO YOU THINK? WE COULD BE IN X WAVE SO BE CAREFUL.
Here is a broader view of the idea i have. I'm still learning but here is my take. After some good correction and a possible finish of a complex correction. We have just completed a Leading diagonal for Wave 1. If we get an ABC correction down I would be interested in going Long!!!