BTC/USD 8-11 HIGH likelihood of being bullish - PT 2 Dont Chase

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I've thought of about 2-3 good scenarios and I really like this one from a market maker or composite man perspective

Will they kill the longs and hang the shorts before we really get going?

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I'll take time to officially explain this reasoning. September 23, 2019 Bitcoin began a larger correction that appeared to have bottomed out $7712.45. Oct 1. September 27th Bitcoin broke out of the bear flag or symmetrical triangle. On September 28th Bitcoin created a bull flag. That target was a measured move to the upside of $8535 and began consolidation in a corrective diverging leading diagonal to the downside of our measured targets as TP1($8,090), TP2 ($7,955) — Point E , and TP3 ($7,650). Ghost bars generated for this trade pointed to a downside of TP 3 possible.

The max downside, however, turned out to be $7754.3 and that was short about $50 from our 3rd take profit. On September 30, Bitcoin began an impulse wave (5) to $8535 -- The Bull Flags Measured Target. We took profit Oct 1 at the height of this impulse wave and charted another diverging leading diagonal. This time ending at wave E $7,827.On October 7, we achieved the ending of this corrective sequence and took profit from our shorts. The Oct7 was $7762.35 -- A hair above the Sept. 30 low.From there I hypothesized that the market was ready for another impulse wave up to $8350. This time giving hope to shorts only to crush them and then dump on the early long money.

A day after I published this an impulse wave occurred and by a hair of our $8350 prediction...$8342.48!!!
EW Theory stated A-B-C Correction had to take place and our target was $8150 respectively for refueling the rocket. On October 8, Bitcoin reached a low of $8107.26 consolidating within the flag. Previous to today's TA I hypothesized another money grab from the market makers. This time...breaking out of the flag and consoldating to the ALMOST forgotten target ($7320) of the bear flag that ended on September 26. Today we witness a rise in Bitcoin that is confluent with this hypothesis so far. What will become of the future now? Good luck...

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I don't want to ruin anyones good time here with the pump on Bitcoin...I'm just going to throw it out there we need to break the resistances on the left for confirmation. Otherwise this is a trap. Translation we need to top over previous bull flag target of $8,532 and after that $8598.

UPDATE: *$8532 Broken* Now show me $8598 breaking $8.6k and I'll believe it

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Possible: s3.amazonaws.com/tra...shots/v/Vb1PY33R.png

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Now is the part if you really believe it like in wizard of oz Long wave 5 TP 8777.0

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from $8592

Trade active:

SHORT

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Take Profit 8402

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TP2 8360

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s3.amazonaws.com/tra...shots/j/j0qjCQxS.png

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Gold to 1512

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I kid not on Bitcoin watch the pullback

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Target hit Gold 1512

Trade active:

I'm long again this time target 1515

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Last Stand right now on Bitcoin before going down further... $8550

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$8660

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Target Hit Gold 1515

Trade closed: target reached:

Targets hit on BTC short

Trade active:

LONG -- EP 8345 -- TP 8449

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From my vantage point the sequence before the next wave could end at $8,000 +- 5% . In this scenario we begin wave 3 to $9900+ and wave 5 going to $10,400 or about there...early days with this we're ahead of the market. Let's keep it that way.

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imgur.com/a/iyKKE7J

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BTC/USD (RSI EMA indicator 5min left vs 3 hour right) As we have witnessed in the past the market is but a repeating sequence given Bitcoin is quite new things tend to...repeat...and this is to our benefit to notice them when they do. The other day we noticed a diverging leading diagonal on the 5 min that shot up at 4. On the larger time (3HR) we saw it did just that...and so why would we not pay attention to what happened following? So for your consideration this is something which appears to me very similar or exactly what will occur and according to EW theory it appears to be backing my claim on a wave count (crude though it may be...i'm no superior EW theorist)...it proves my point.

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What does this mean? It continues to entertain the notion that the analysis I did the other day with the bottom target may be reached and or exceeded. As hard as it is for myself even to believe...I have to at least entertain this notion so that if the sequence changes from the $8k bottom I see now and a pit opens up I'm not deer in a headlights looking at the train coming...After which the price action appears to ascend to the IHS that we see fully realized on the left 5 minute time frame...and if you feel like this is something strange like minority report looking into the future from past time...well it's exactly like that.

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Pivots are as follows - Support1 $7,528.86 -- Support2 $7,197 -- Support3 -- $6,694 (ouch)

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Resistance1 was hit already at $8,362 recently and the whipsaw that we had recently tried to trick the market to Resistance2 - $8,865.93, almost happened but stopped a hair short...

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From what I'm looking at and my vantage point max upside $8552 is looking like the sweet spot if we pull up today before the market makes a very important decision after the $8,031 pivot point...

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Please be advised to think about it yourself... How the market reacts at the bottom of the sequence I see at $8k area and that pivot is going to be a huge determinant factor we just have to wait and see..

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If you're just not convinced yet well ill hold just a bit of hope out for you. Max bull I see short term is this...maybe play of the day? s3.amazonaws.com/tra...shots/o/oTjxzUn2.png

Trade active:

From a day trading POV i'm looking for a short entry $8,500 or above until $8,065.

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s3.amazonaws.com/tra...shots/z/zG9GwQTK.png

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Wave 4 of the bearish diverging leading diagonal was a blowoff and trap to 5 (a head and shoulders reversal pattern within what looked like an IHS creating the left shoulder on larger scope... A-B-C Corrective wave takes place upward and then a 5 wave impulse followed by another smaller a-b-c then a bullish diverging leading diagonal as a finishing moe to the top (should happen in the future) if we Minority Reported this sucker...and if you're confused at this data, information or analysis then we both are.

Trade active:

Short Active $8455

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s3.amazonaws.com/tra...shots/g/GoX2071Z.png

Trade closed: target reached:

Short Target Reached $8,036

Trade closed: target reached:

Chart played out perfectly in my mind how it might in this scenario. This was fantastic for everyone who follows me.