BTCUSD Inception day. Small correction yesterday's forecast.
Greetings fellow traders,
As time goes by, the markets evolve...
If your way of TA is strong, then the path will lead its way...
More visible, more probable:
Today's Note:
Just noticed that I messed up connecting support of the possibly forming echo pattern correctly in the previous idea. Here's a quick correction. Fortunately the shape remains fairly intact. Also removed other possible trend wave trajectories for it was too much of a hassle to adjust them all. Nonetheless, I am following the main trend waves anyways.
To be concluded...
As time goes by, the markets evolve...
If your way of TA is strong, then the path will lead its way...
More visible, more probable:
- Dashed lines; Possible forming patterns / extrapolation
- Solid lines; Confirmed patterns / Support or Resistance
- Dotted lines; Possible price-action trajectories / wave trend
- Lighten colors = Support | Darken colors = Resistance
Current Pattern Formation Level:
- Alpha pattern: Symmetrical Triangle -> Bullish Pennant
- Beta pattern: Descending Broadening Wedge
- Possible forming Echo Pattern: Descending Broadening Wedge
Today's Note:
Just noticed that I messed up connecting support of the possibly forming echo pattern correctly in the previous idea. Here's a quick correction. Fortunately the shape remains fairly intact. Also removed other possible trend wave trajectories for it was too much of a hassle to adjust them all. Nonetheless, I am following the main trend waves anyways.
To be concluded...
Comment:
Holy crap, we've almost reached our target!!!! Don't even care it drop from there. Actually I suggested that that was going to happen in my video's!. Search on youtube: The art of technical analysis bryan santos! They are just educational video's. However, we were correct. Showing the correct and proper way of TA!!! SHare like and subcribe!
