BTC/USD ABCDE Part 2
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Redundant idea with arcs/arrows for clearer idea?
Waiting for Entry Point Below...
Redundant idea with arcs/arrows for clearer idea?
Waiting for Entry Point Below...
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It can be difficult to look at the market only to sit and wait. We must remember that waiting is a move and it is not executed enough for many traders -- especially impulsive ones. A fool and his money shall soon be parted...Kommentar
Be a lion not a sheep youtube.com/watch?v=tm_inL7pPH4Kommentar
Waiting for Buy in. Trend line touched like clock work. Now the funny games begin. Keep it simple...Kommentar
2, 3, and 4 hour show bullish divergenceTrade ist aktiv
I'm LONG at $7985Kommentar
Exhibit A above us noting a head and shoulders 9HR TF on GodmodeKommentar
youtube.com/watch?v=NJF4DtOp6XMTrade geschlossen: Ziel wurde erreicht
Right shoulder about complete. I must sell despite my wish to hold longer.Kommentar
Waiting for long entry again lower if H&S fully realized plays out on GodmodeTrade ist aktiv
SHORT 8175Kommentar
The head and shoulders is nested in a larger inverse head and shoulders pattern. s3.amazonaws.com/tradingview/snapshots/u/uj2YLY4C.pngKommentar
When I short I begin at a price interval and if I'm pulled up in price I keep shorting in small increments. This is similar to DCA dollar cost averaging. I usually don't blow my whole wad at once basically. I only figured this out over time that it worked better for me. To each their own. Now my shorts are ranging all the way up to 8300 or the top of this price action we've had.If I wanted to I could cancel everything and be in profit or with little loss if it drags me up. Currently I plan for any pullback to be short lived and another long op.
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Wave B finished according to future model I had built on RSI/EMAKommentar
First short target hit. Second target above ^Trade geschlossen: Ziel wurde erreicht
Short TP2 Reached Looking for Long NowTrade ist aktiv
I'm LONG 7600Kommentar
Bear flag formed $6983 is target of flag pole - Everyone's waiting for $7200-$7287. Will they get it today? Maybe not... s3.amazonaws.com/tradingview/snapshots/n/nbnz5cWN.pngKommentar
Slightly off placement s3.amazonaws.com/tradingview/snapshots/r/R59fU7YJ.pngKommentar
On 15min BTC wedged between the support s2 and s3. Pivot above is $8,156.73The most important thing to note is how oversold we are on the 3 hour time frame. There is room lower for a drop to 71xx but that's it that I see currently. I will be buying more until we reach AT LEAST the pivot @ $8,1xx
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I will continue to add to my long.Trade geschlossen: Ziel wurde erreicht
$8193 reached taking profit hereTrade geschlossen: Ziel wurde erreicht
TP2 8400 reached TRADE CLOSEDKommentar
Almost every short just got pwnedKommentar
Shorts without stop - You're A Dead Man youtube.com/watch?v=8gAgVtfZsIY&list=RDtm_inL7pPH4&index=10Kommentar
Area to watch is $7,800 I will buy this if we dump fast.Kommentar
This is interesting so we have the bear flag target made at 69xx and we have this bull flag target at 97xx. The exact measurement of what looks like an ugly bull flag is $9720. If you are NOT on margin that is your target.
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Also, if you measured the drop out (dump) below the point D on the diverging leading diagonal we had to $7300 and placed it as a blow off at point E you would receive $9720 give or take $30.Trade geschlossen: Ziel wurde erreicht
Late to update. Better late than never. $9720 bull flag target reached.
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