BTC Bearish Bowtie Diametric, Prepare for Much Bigger Correction

2019年6月27日

Hi guys,

Spotted this Diametric on the 1min actually, but can't post that short of TF on TV... even though it's really relevant.

Once we complete Wave-G (price is approximate, just look for 3 internal waves to complete, then it's over (two up, one down). We will continue the ABC correction down, down down.... Don't short here (yet).

2019年6月27日

註釋

1min for clarity

2019年6月27日

註釋

Time frame is approximately right, BTC has ~ 1hour left.

2019年6月27日

註釋

My other idea using diametrics on ETHUSD, where the diametric was bullish. Very strong performing pattern

2019年6月27日

註釋

As a guess, I've line up my G-Wave with a resistance line, and the time is approximately = to Wave-A and Wave-C. Expecting something like my light blue count for internal waves, but... who knows :).

2019年6月27日

註釋

Likely entering Wave-C of G already

2019年6月27日

註釋

Opening my short here if anyone is reading this bs

2019年6月27日

註釋

Should be headed down now, I entered too soon. If the count is correct and this is a diametric, that is

2019年6月27日

註釋

Having second thoughts about this now, isn't the explosive downwards move I was expecting to see... tread lightly

2019年6月27日

取消訂單

Not a diametric I don't think, may play out still, but not for the reasons I thought.

2019年8月1日

交易結束：目標達成

Idea did end up working, but I didn't allow enough time.

Lesson learned.