matthewdowds

matthewdowds

closed buys for a small proffet . PA tells me one more brake of the low . 50k has been me level since 2022. revesals end and start with impulsiv moves this is consolidating for anothr leg down.

matthewdowds

this correction maybe over . im exspecting a drop in the dxy so it may be a doller move not a btc move .this correction could still be a wxyxz . i had 50k as a level for reversal . i am not confident because of how slow the PA is to the upside .

matthewdowds

runing flat for wave 2 that looked like 5 up .still vali5 waves for upside

matthewdowds

also a possiblity to my last chart. my fist chart is my bias and i have took the trade but this also a pssiblity risk accordingly. i am no exspert. and this is not financal advice ha ha

matthewdowds

possible low on btc if it brakes 61000 for a wave 1, then holds the wave 2 above the lowof 60100 this is a valid macro wave 1 according to sir ralph nelson elliot. but i do see price spiking 60k which it is yet to do. would like to add i had 50k as my reversal level. but no one knows .60 kcoule be the one

matthewdowds

1 possibilty of a few todays move looked bullish lets let things play ..... ... .

matthewdowds

look at other recint charts for analasis best entry best trades pipmuncher lets let the markets plat stops already ay brake even will manage risk acordingly crucifying the markets 1% risk 33% gains

matthewdowds

addition from 4 hou post entry on 1 min time frame stop loss above OB zone divergance on 30 min ,15, 5 and 1 minuite 70 RR at least sam chart for GJ brought to you by the market munchers

matthewdowds

next move down poosibly from this area GJ also lookin like the same move this isnt financial advice but its worth a few lots my soploss is litrally 20 pips above this zone

matthewdowds

This correction may not be over just yet and we may see price come lower before wave 3 starts . if wave A is the same size as wave C which is often the case in a zig zag. that would also line up with .786 fib level from wher i have wave starting .

matthewdowds

possible longs . see how price reacts on the green line. 4h rejection would be nice . dont just jump in wait for candles to close.

matthewdowds

the reason gold was ralieghing was because the dxy dropped . but the dxy has retraced to the .382 . if i was holding gold buys from thursday i would be worried right now . what a trap on gold the most minipulated pair on the planet . they do love to trap traders but they have excelled this time . if gold does gap down on open it may gap past many peoples stops. my...

matthewdowds

wait for comfirmation nice 30 min or 1 hr candle TO CLOSE above white line . go long

matthewdowds

who knows some people are short. but to me this move up looks very impulsive . history always repeats itself

matthewdowds Updated 

This is not what we was expecting . But wave 4 has not yet entered the territory of wave 1 so possible . we will see . happy trading.

matthewdowds

if gold is in an up trend , then why is the volume greater when we pull back. i thought volume was higher when moving with the trend

matthewdowds

could this be right