Ok, after loosing 5 digits amount of money and making same i thought. ... What is missing, what am i not seeing. I deleted all of my chart and looked at it, from MACRO view only. No emotions and no double thoughts and no bias at all. Ok that is not true, no one is unbiased.
Why am I doing that? Well i thought, fuck i will short this xxXXxx, last wave. Because hey Elliot waves theory says, there are 5 WAVES allllllways. But what if the last push down is not a 5 Wave, but an ABC correction, than we do only have 3 waves and an impulsive wave upwards ...
Ok, thats why i thought hey ... do you 100% know, there will be a 5th wave down and are you betting 7 digits amount of € -0.14% on it? .... hmm no, so i removed all my orders and wait patiently.
I also thought, i could short this bastard with 60 BTC 2.95% , and make 20% profit, based on Elliot Waves. ...
But again WHY am i doing that? Because always, when something was crystal clear i lost money ... So i thought ... look different now ... and now i am doing ... What do you think?
So if this is true, definitifly trading opertunities ... As always, if you only would know, how the puzzle may look like...
Why am I doing that? Well i thought, fuck i will short this xxXXxx, last wave. Because hey Elliot waves theory says, there are 5 WAVES allllllways. But what if the last push down is not a 5 Wave, but an ABC correction, than we do only have 3 waves and an impulsive wave upwards ...
Ok, thats why i thought hey ... do you 100% know, there will be a 5th wave down and are you betting 7 digits amount of € -0.14% on it? .... hmm no, so i removed all my orders and wait patiently.
I also thought, i could short this bastard with 60 BTC 2.95% , and make 20% profit, based on Elliot Waves. ...
But again WHY am i doing that? Because always, when something was crystal clear i lost money ... So i thought ... look different now ... and now i am doing ... What do you think?
So if this is true, definitifly trading opertunities ... As always, if you only would know, how the puzzle may look like...
Comment:
The bottom is really guessed and based on the full bodies of last bottom. Not counting the wicks ...