Boon2

BTCUSD M15 Buy Opportunity.

Long
Boon2 Updated   
BITSTAMP:BTCUSD   Bitcoin
M15 We have a nice impulse up. I'v given an example of a simple ABC correction in this idea but the B wave could become a number of corrective structures, time will tell but either way once we have the internal C wave down completing the B wave we can then look for the buy setup. The current internal B wave may not over and could even break the top for a running or expanding correction, Only experienced trader's should look to scalp the internal C down.

D1 I'm looking for an X corrective wave up before we get the Z down because we don't have regular bullish divergence on the D1. Having said that we don't want to miss this buy on the lower timeframe's because we don't know if we will get the Z down for sure and the D1 correction may already be over.
BTCUSD D1 5 Swings down idea.

W1 Checkout my BTCUSD W1 C Wave Down idea to get the complete picture thank's, This idea is still to hit my target and need's the D1 Z down to complete the W1 structure.

Good luck and trade safe!

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Comment:
Those looking for the short scalp are getting a opportunity now with the TL break.
M15 Chart
Comment:
M30 We didn't get the best looking correction, C never broke below wave A. This makes it a bit more difficult to trade and more of a risk so in these situations I like to keep a tight SL and I will be targeting the 100fib.
M15 We have bullish divergence in the internal C down and a TL break
M30 Chart
Comment:
Were getting a larger correction so I put out a new Idea. BTCUSD H1 Wave C Up. Checkout the idea to get the complete picture thank's.
Comment:
So I went from a M15 idea to the H1 Idea that has now turned into a H4 idea because of the size factor of the correction. Get the latest details of what I'm looking for here BTCUSD H4 Wave C Up.

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