Smart Money ended this nice 5 wave move with a bad fakeout. IMO we are hovering at the bottom of the double top, I'm going to trade the bullback SHORT!
Since we are way too far down for a decent correction (about 0.382 of the down move) I will be looking for a LONG at the 0.5 and Golden Zone!
I would like to mention that all I post are just options and my own opinion! Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
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Thanks for reading my ideas!
Trade ist aktiv
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Set my position to breakeven
Trade geschlossen: Stop wurde erreicht
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breaeven :/
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BTC has hit the target of the range exactly, now we have to wait and see how things develop
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This upward movement was repeatedly supported by the 1h cloud.... Shortly we will get a sell signal
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You should know I play on LTF IMO
Trade ist aktiv
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Cloud Verkaufssignal in 1h Cloud ! Kann das iel noch nicht bestimmen, aber werde meine Short-Position früher als 0,382 schließen und nach Long ausschau halten.
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My position would be closed overnight in plus
Option1 : Falling wedge breaks from targets 0.618 marked in white or Option 2 : we stay in the range (in green)
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Looking at this post I see the channel has been right for many months....The breakout was also powerful and dynamic. Bears are sure to attack at 0.618
Bullish Option
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1D also looks bullish
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Bear option, but IMO things are looking better for the bulls. My Bearcount Idea is for the junk above 0786
Trade ist aktiv
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SHORT
Trade geschlossen: Stop wurde erreicht
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small loss on LTF
Trade ist aktiv
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HaS
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Bigger Picture
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I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade. ----but i let it run,yeah !!