BTC reached a top around 20k and now is in a big consolidation, Next I'm expecting to see either a running or expanding flat!
On the lower TF's you can trade the next impulses, as of now that will be the wave C up to complete the larger B.
1) I want to see the internal B wave structure to complete by price breaking below the yellow line. Internal wave C has broken below wave A so the structure technically could be complete but price action is very slow and there's no confirmation downside is over.
2) Once yellow line is broken you can then draw a TL on the lower TF's and wait for TL break and bull flag to confirm more upside to come and take the buy.
This is a longer term view so I will be updating this idea as price plays out on lower TF's with potential setups!
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 update's.
Thank's to all the traders in advance that hit the thumbs for your support!
H4 possible structure I see.
On the lower TF's you can trade the next impulses, as of now that will be the wave C up to complete the larger B.
1) I want to see the internal B wave structure to complete by price breaking below the yellow line. Internal wave C has broken below wave A so the structure technically could be complete but price action is very slow and there's no confirmation downside is over.
2) Once yellow line is broken you can then draw a TL on the lower TF's and wait for TL break and bull flag to confirm more upside to come and take the buy.
This is a longer term view so I will be updating this idea as price plays out on lower TF's with potential setups!
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 update's.
Thank's to all the traders in advance that hit the thumbs for your support!
H4 possible structure I see.
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M15 buy scalp. Checkout the idea detail's for the complete picture. Thank's
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BTCUSD M15 expanding flat, More downside to come. checkout the idea details for the complete picture
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Previous update short trade playing nicely and going to plan. Low broken and now we have bullish divergence. Take profit or at least half off and wait for the next signal!
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The D1 internal structure is playing out nicely, hitting the 123.6fib. If you took my last update M15 trade short that gave the potential of the $1000.00 drop you should be out of that trade taking all profit's off by now and waiting for the next potential setup. I'm now neutral waiting for price action to give the next potential setup. There isn't any buy or sell at this stage. Be patient and wait for confirmation before taking a trade either long or short!
On the D1 I am still expecting the internal C up for a running flat, nothing is confirmed internal B wave structure down is complete so more downside is not out of the question and price could even reach the 161.8fib extension.
I will update this Idea when I get the next setup on the lower time frames so stay tuned and don't miss the next impulse!
On the D1 I am still expecting the internal C up for a running flat, nothing is confirmed internal B wave structure down is complete so more downside is not out of the question and price could even reach the 161.8fib extension.
I will update this Idea when I get the next setup on the lower time frames so stay tuned and don't miss the next impulse!
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BTCUSD M15 Expanding flat, More downside to come. Checkout the Idea detail's and update's for the complete picture. Thank's
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BTCUSD H4 Update. Checkout the idea detail's for the complete picture. Thanks.
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BTCUSD H1 Complex correction up. Checkout the idea detail's and update's for the complete picture. Thanks
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BTCUSD H4 Correction up. Checkout the idea details for the complete picture. Thanks
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BTCUSD H1 C UP. Checkout the idea detail's and update's for the complete picture. Thank's
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Getting nice bull flag, look for the buy!
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BTCUSD H4 Update, Z down?, Checkout the idea detail's and update's for the complete picture thank's.
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BTCUSD H1 Update. Checkout the idea detail's for the complete picture thank's.
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BTCUSD Y Wave Down. Checkout the idea detail's for the complete picture thank's.
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New D1 idea out, Check it out thank's.
BTC D1 Wave C up, Running or Expanding flat.
BTC D1 Wave C up, Running or Expanding flat.
