Over 200% in a few weeks? We need a short plan!
A breakout from the support at $885 should bring a huge selloff where we can add short positions all the way down to the pivot support at $535. Be advised, there is a classic fibo support at $582 which can reverse the market pretty hard.
Here;s a closer look.
Cheers and GLWT!
-Erik
A breakout from the support at $885 should bring a huge selloff where we can add short positions all the way down to the pivot support at $535. Be advised, there is a classic fibo support at $582 which can reverse the market pretty hard.
Here;s a closer look.
Cheers and GLWT!
-Erik
Comment:
Comment:
It was a totally crazy bull flag! I'll post a short idea later on...although, judging by the comments, you guys are not interested in those ones.
Trade closed: target reached
Comment:
Another totally crazy bull flag? lol
Trade closed: target reached:
1685$ HIT OMG WHEN DREAMS COME TRUE!
I'm taking a break now with BCH
I'm taking a break now with BCH
Comment:
Hahahahaha.... when i sold last night I did not imagine this kind of scenario
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Some short targets:
The chart is so messy now that the price went so high
The chart is so messy now that the price went so high
Comment:
Bring stops up to MIN TP $1153
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Ok, let's aim for MAX TP at $908. This is the bottom range of a classic support.
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Falling wedge reversal? :) We broke out of the major classic fibo resistance! Need the other chart to join us, tho.
Comment:
MIN TP hit! Then it fell apart... When dealing with these volatile things, particularly in a countercyclical trade context such as this, you hit your first targets and then break out trade after that.
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$1050 ish?
Trade active:
Trade closed: target reached:
YES!!!
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Countercylical bounce?
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Hit $905 even better! Ok, now we see the bounce?
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Below $1000 is bearish...for now we bullish (but its in a countercyclical environment, so overall bearish).
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New thread:
