IndigoGogo2
Long

Bitcoin WXY ending diagonal wave4 5200$

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I already make a post about this ending diagonal 1 week ago(look at related idea)...this post is an update because waves are playing differently than what i thought a week ago but nothing changed the diagonal is under construction...target 5270$ (this scenario can be destroyed by the whales at any time but price should reach at least the 4800$ area)
Comment: Pay attention to how the price goes to test the circle levels ,it's perfect each time
Trade active: You can scalp the wave B coming now at 3890$ and buy back the C wave 3580$
Comment: Or just watch because maybe there is no ABC and we go at 4300 now
Comment: Wave B in a triangle
Trade closed: target reached:
Trade active: Bottom for wave c in blue =3555$ then next leg up at 4300$ area subdivised in 1,2,3,4,5 wave
Comment: Indicator on suport 2H time frime....exellent

Trade closed: target reached: Happy to give succesfull trades
Target reached for wave 1
Trade active: Wave 1 will probably reach 3980$ at the 0.618 level of the harmonic cypher pattern
Trade closed: target reached: Target reached at 3970$ for the top the wave 1 (i call it wave 1 but it can be a wave A)
Bitcoin seem to be in a bullish flag pattern now
Comment: The bullish flag failled and i think than it's because the 3555$ target bottom mentioned previously has been missed of few $...the waves since the failled bullish flag look to have change in a complex structure WXYXZ...i'm now expecting a pump at 3900$ followed by a dump for find the 3555$...let's see if it work
Comment: We have not seen the 3900$...that's because i did a little mistake counting the waves but it don't change the dump at 3550$
Trade active: The dump is coming
Comment: Btc did a pump giving a new point for draw a parallel chanel
Comment: Chanel broken .I really thought than we would find the deep at 5555$ at the 0.618 fib level but i was wrong ,the deep has been foud at the 0.5 fibonacci level .We are now building the left shoulders of the big H&S in an ABCD pattern .target 3960-3990$ for this ABCD pattern
Comment: The ABCD pattern stopped at 2 % instead of 2,618 % but we don't care ,the important thing is than we now have the famous left shoulder .On the chart ,you can actualy see an expanding diagonal .Once this diagonal is done and break upward ,we should see a nice pump for finaly make the head of the H&S .Target 4400$
Comment: Bitfinex chart
Trade closed: target reached: What I thought would happen happened, we cancelled the whole bullish movement to reach the previous missed target.
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