potential short setup

2023年8月28日

in my count we are currently looking for another move down completing the wave 5 of 3, a potential entry short at 26900 stop loss at 28000, target 24700 (25000 conservative)

2023年8月29日

註釋

stop loss got triggered but the scenario still on. for sure we see incongruence between 2 or more different charts. during the flash crash on the 17th Binance registered a 25k low / same time Bitstamp never retraced that deep therefor the low was at 26200 usd. the gap in price between the 2 charts change completely the count.

counting on Bitstamp we can see how the wave ended the impulse and after a long sideways the price was printing a potential ABC where C is a 5 wave impulse which moved behind my stop loss at 28000.

in my personal opinion we could possible still expect a move down

2023年8月31日

註釋

Fake out and correction playing out now after grabbing the liquidity above 26900 usd - however I’m not yet convinced we can take the low; therefore I recommend to trade safely and lock profit.

I will share new ideas shortly

Thanks for reading it

2023年9月2日

註釋

looking at this scenario I'm happy to see that played out almost perfectly and it's not yet finish. the target of interest are the same

2023年9月12日

交易結束：目標達成

This is the final update for this idea.
Target reached 100% scenario played out perfectly
✅