- We have finished wave (1)' and (2)' - Wave (2)' was a ABC correction that retraced to .382 fib. I expect a larger correction for wave (4)' - This means I will be selling my position at the end of wave (3)' - We are in wave (3)' - Wave (3)' has 5 subwaves. The targets for wave (3)' and its subwaves are labelled by the green boxes.
- Entry is red box. - Once we hit wave (3)' target (assuming if we do). We can start to look for wave (4)' target for rebuys by that time.
Time of high volatility, take care.
Trade ist aktiv
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ABCDE triangle correction forming. I am in at the moment. If the triangle breaks down and we go to the initial red box (fib level). I will buy more to lower base price.
Trade ist aktiv
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Trade ist aktiv
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wave recount. Previous targets still valid.
Trade ist aktiv
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***THIS IS AN IMPORTANT UPDATE*** I was wrong about wave (3)' target. Abandon the old (3)' target, go straight to wave (5)' target.
I did not successfully short wave (4)' . I will post a trading journal later this week specifically analyzing this trade. Focusing on what I did correctly/incorrectly.
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we might still hit .618 buy zone. I am heading out, will not be updating anytime soon.
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Before i leave. Please set tight stoploss as the price goes up. If it goes to 1.6, you can set stoploss at 1.58 If it goes to 1.7, you can set stoploss at 1.68 etc etc.
Bitcoin is STILL NOT IN THE CLEAR! Though currently bullish. Be safe. Don't be sorry.
Trade wurde manuell geschlossen
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close positions
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We are going down. Open short positions/buy level $.90
It is Friday. Market makers do not trade on weekends. Everybody need some break. When volume is low it is better to stay away.
userbeauty
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It looks like the (C) is at 1.46... is the target no longer .80- 1.00? Thanks for your updates! Super reliable!
someone514
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@userbeauty, this is just the lower time frame. If you don't day trade, don't follow my low time frame updates. You will get squeezed hard. Lower targets are still valid (my youtube vid)