nighty2k7
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8.4k triangle, wave 5 down coming

BITFINEX:BTCUSD   比特幣 / 美元
297 0 13
Dear followers,
I was waiting for a abc correction up to come, but we are now in a big triangle.
The triangle itsself IS correctional in nature, so now I am shortfrom 8585 (SL 8665), because I expect a wave 5 incoming
評論: Zoomed out
評論: Zoomed out further:
Falling to bottom of bigger channel:
評論: Updated 15m chart, new downtrend channel from 1h chart worked in
https://www.tradingview.com/chart/vMR9q0lF/
評論:
評論: Sorry, images f*** up
評論: Updated 1h chart
評論:
評論: Triangle invalidated, trade manually closed
Expecting abc or xyz, the 8.8/8.9 of former idea
評論: Target reached for me
Closed my BTC long
opened ETH short at 739
評論: Additional target possible: 8795
評論: Closed half of the short 730.
If the 1.382 extension at 8800 is tested watch RSI, volume and price. If a higher price is made at 8795+ with lower RSI and at lower volume than before I'l reshort with a bigger amount.
評論: ETh topping out
評論: BTC wedging
評論: So 8750 was the top:
評論:
評論: Watch for potential double bottom
評論: Now retrace 8290-> 8450, then test 8200
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