Long | but only until $9700 ISH ! [*Read Description*]
loading up for a LONG on the yellow lines ... ready for a target a the red line around 9700usd where i expect a huge correction... so i'll try SHORT the 5 there with a bit highe leverage maybe 15-20x ... 10k$ will also act as psychological resistance... green line is a resistance line derived from a pitchfork
using 40% of balance going 10x LONG at the first yellow line, and 60% at the second one
$9206 , $9109
target $9667
wave5 is a .786 extension of [0-3] projected from 4 --- converging perfectly with the dynamic pitchfork resistance
4 is a perfect .382 retracement of 3
and 2 is a perfect .786 retracement of 1
bearish divergence on the small timeframes should help with the little pullback to get filled at the yellow lnes
just .236 and .382 retracements of what we have of wave4 so far
using 40% of balance going 10x LONG at the first yellow line, and 60% at the second one
$9206 , $9109
target $9667
wave5 is a .786 extension of [0-3] projected from 4 --- converging perfectly with the dynamic pitchfork resistance
4 is a perfect .382 retracement of 3
and 2 is a perfect .786 retracement of 1
bearish divergence on the small timeframes should help with the little pullback to get filled at the yellow lnes
just .236 and .382 retracements of what we have of wave4 so far
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