As anticipated, BTC had its one-leg-up. Now price action is printing ending diagonal at wave C at previously defined sell zone, ending correction to the upside. Anticipate impulse to the downside fairly soon.
Position is short currently. But if price breaches 12450, plan to turn bull.
limit long triggered. Hoping the setup comes into fruition. A:C 0.618 reached after bullish swing. SL below presumed C. Target1 local structure Target2 previous high
I think we are missing wave 5 My opinion is that the dump that just happened is wave4 of C. I need one more leg up to fib cluster for a complete ABC.
Long triggered after channel break @105.317
Good evidence that dollar is strong with reversal hammer on 20200901. Broke out of descending channel and was retested yesterday. Evidence to short all pairs against the dollar (main position is GBP and EUR). Also short all cryptos (position is ETH).
AB = CD completed, plan to short. SL is above D.
Price action prints bear flag on low TF following bearish leg on the weekly/daily. Short filled @ 1.30521 SL is blue dotted line
ETHUSD broke daily uptrend. Anticipate 1:1 = AB:CD which would give a short entry. Terminal target is .618 of whole bullish swing on the daily.
Going to take a gamble here and open a limit short on SPX500. SL is tight, as long as price action doesn't respect trendline, I'm out.
Price action retraces back to previous 1-2 after extended fifth. SL below presumed wave2. Target .382 retracement of whole corrective structure. Rough guess of time frame ~3-4 weeks.
Price action prints a 3-3-3-3-3 ABCDE pattern Limit buy activated triggered on trendline SL is below presumed end of wave E
Trend: Strong up Wave: - Five wave completed; plan to enter in pullback to .382 ret of bullish swing - First ABC completed with an X count to the upside (preliminary ~ .618 of W); anticipate second ABC (Y) - .382 ret of bullish swing is in confluence with .786 ext of W-X Structure: - .382 ret of bullish swing is in confluence with wave 4 of one degree...
Trend: Down Plan to enter: - Market enter if we close below blue line - Limit short orders are laddered in the box - SL is a close above dotted blue line (confluence of high price significance & .236 fib & wave four of one degree smaller) Expect to interact with blue dashed line. RSI: Looking for reversal between 55-65