My last assumption on BTCUSD was that it is in a wave 4 (primary) correction.
For that assumption to be true the target 653 and 590 must not be broken.
As it turns out, they were broken down very decisively, this is a good clean signal hinting at a major wave 2 correction instead. ( Which I've also mentioned in my list of possibilities)
These are the new targets to look out for, the first being the target for a primary wave 2 in case that isn't over yet (not very likely , and is already touched and broken once though it still hold in OHLC4 chart)
The last two at 61.8 and 78.6% retracement marks the correction targets for major wave 2 correction.
Trade with care.
For that assumption to be true the target 653 and 590 must not be broken.
As it turns out, they were broken down very decisively, this is a good clean signal hinting at a major wave 2 correction instead. ( Which I've also mentioned in my list of possibilities)
These are the new targets to look out for, the first being the target for a primary wave 2 in case that isn't over yet (not very likely , and is already touched and broken once though it still hold in OHLC4 chart)
The last two at 61.8 and 78.6% retracement marks the correction targets for major wave 2 correction.
Trade with care.
註釋
Price has reached pullback target for wave A (one of the many possibilities)
From here, watch closely, if target holds and price drops then it'll be a good place to short with minimal stoploss
If the resistance cannot hold then I'l have to re-analyze.
Still no position yet, waiting.
註釋
Earlier update is in the comment, I misplaced it there. This pull back is taking longer than I initially thought it would, missed opportunity to go long for a short period.
交易進行
Just went Short at 585.82 SL at 592.58
TP at 500
註釋
Sorry, shorted at 595 / SL at 598註釋
Continues to annoy.. lol. Volume have been confirming an uptrend though, watch out and set you stop losses well for short position.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。