Say Hello to the New Boss; Same as the Old Boss...

BITSTAMP:BTCUSD   Bitcoin / Dollar
2146 15
Wow, talk about confirmation! Yea, the bull is back. Now this is what you call an "impulse" wave. But if you're not in... the risk is high to chase here... My suggestion is sit on your hands and wait for the next pullback. If it's going to continue in the beautiful 5 wave structure, the wave-2 pull back will come. And the reason it "almost" always comes..? because the people catching this ride will want to take some profit. Human nature... that's all Elliott wave is... the fear and greed cycle... repeating in patterns we can observe and trade. If you're long (and it's good to long here ;) ride it but don't be greedy.
Crypto Trading and Education -
keep ignoring that big red candle on the weekly chart..........
@xmaenx, what does that meen? can't see a big red on the weekly?!
+1 Antworten
xmaenx a4545453d
hey man. happy father's day if it applies. so what are your thoughts? are we still in the Elliott wave? what may be a good entry point?
tradedevil Newharley
@Newharley, Hey, thanks for note and the well wishes, yes it does apply. Proud father of two ;) I just posted an update on BTC with my thoughts today. Oh and a happy father day to you as well, if it applies... Good trading
Is that a custom oscillator...? Looks extremely accurate for buy signals..!
FigmentForex catalystcw
@catalystcw, It's LazyBear's WaveTrend Oscillator. Check it out here:
tradedevil FigmentForex
@iFearFigment, Thanks... I just hadn't gotten around to replying yet.
+1 Antworten
catalystcw FigmentForex
@iFearFigment, awesome - where can I get this / purchase this?
awesome work!
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