Boon2
Long

BTCUSD M15 bullish Expanding flat C up

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
M15 I see a Expanding flat looking to scalp the long.

look for buy setup against the invalidation point (yellow line) 1st targeting the 100fib (100fib will change depending where internal C down ends, not illustrated). If you don't get a buy setup before price breaks the invalidation point leave it alone.

Price action surggest's this is only a correction before more downside so be sure to at least take half off and move to BE if you looking for the D1 wave C up!

If you would like to see more trade setups like this, hit the follow button. If you like my analysis, hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!

Thank's to all the traders in advance that hit the thumbs for your support!

BTCUSD D1 Long Term EW Analysis. Checkout the idea detail's and update's for the complete picture. Thank's
Nov 15
Comment: Look's like we got a larger internal C down, structure still sound unless price break's invalidation point. If you took 1st flag break I hope you got out at BE on sideways price action if you didn't there's still a chance to get a little profit.
Nov 15
Comment: Structure has changed, price gone under invalidation point. Stay out of it, more downside to come.

Comments

I actually caught this down move with some nice shorts, good times for Crypto!
Reply
VForex VForex
@VForex, here is the chart the structure ain't that difficult but the moves are insanely huge.
Reply
Boon2 VForex
@VForex, Nice catch
Reply
Boon2 VForex
@VForex, Great job! Yes the perma bull's are getting hammered at the moment.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out