BTCUSD - Outlook and where to look

2017年9月2日

Looks like today is the day correction begins. RSI reversed clearly and Godmode crossed over. On the chart is where I think key levels are and the arrows represent what I think price action will do on the way down, I tried to draw them reasonably accurately. Open long trades anywhere within the green box as long as we have reversal confirmations to then begin wave 5.

2017年9月2日

註釋

Too late to edit the idea but I've updated the hard support to reflect it's true nature. It's a zone, not a line.

2017年9月2日

註釋

Note: If the bottom of the hard support area is breached it means the wavecount must be redone, as it means wave 3 shown in the chart above is actually wave 5, and price action will look different for the correction.The hard support in that case is $1200.

2017年9月7日

註釋

Trade going as planned. prepare for the next leg down to 3980 level

2017年9月8日

註釋

Trade still going as planned, after everyone else said to open long trades because of the small upwards correction. Keep your shorts on.

2017年9月10日

交易進行

2017年9月13日

註釋

Bounced perfectly as predicted.

Idea continues in part 2 here