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freddy_ray_brown_III
May 30, 2020 11:30 PM

btcusd Short

Bitcoin / United States DollarCoinbase

Description

classic Wyckoff, the chart says it all but price action suggest b will flag and boost, I have the top of the arrow, at my projected short term target/ resistance.
peace
frbIII

Comment

my bull flag idea has been invalidated by super odd price action, lets see if she bounces off the bottom line 30min linear reg

Comments
harisonhbn9718
Hi, how its workd the wykoff theory? it's very interesting to know it, Did you know. I make a short position in Bitcoin at $9,550 USD and I see that Bitcoin has the drop the price under at $9,500, but in some hours Bitcoin make a bull clandestick but, it's a pure bull trap and take my SL. So, now I re-entry a short again in the zone of $9680 USD.
freddy_ray_brown_III
hi @rochellehbn9718, yes wyckoff is based on price action, volume and a terminology behind evry move, i'll dm you the wyckoff tutorial, it was an eye oppener for me.
thanks for checking out my chart
: )
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