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TheAnonymousBanker
Oct 18, 2017 3:36 PM

[BTCUSD] CORRECTIVE STRUCTURE IN PLAY ? Short

Bitcoin / U.S. dollarBitstamp

Description

The completion of the 5 impulsive waves should develop a simple corrective structure (ABC).
STRATEGY: take short position on Wave B



5 IMPULSIVE WAVES IN PLAY
(Click and Play)


OUR LAST SHORT SETUP
(Click and Play)


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Thank you for support and trade with care!
Comments
N0S41NT
I disagree with this, I'm quite sure we haven't reached point 5.
N0S41NT
@DaanJordens, thanks for sharing tho :)
Fahadafzal
@DaanJordens, can you please share your chart thn?
N0S41NT
@Fahadafzal,
I agree with this one.
It's personal obviously.
ttovmasy
@DaanJordens, I agree with this one too! I think it's a bit concerning if people have different views of this since Oct 25 is such a mystery, it would be nice to see additional indicators that could shed light on the next two weeks.

Basically if SignalSwiss is correct we will not see another ATH until next year.... this is a big deal!
N0S41NT
@ttovmasy, True, we're all feeling in the dark
Walentine
@DaanJordens, When all traders on tradingview were short, SignalSwiss was the only long trader....



When all traders on tradingview were long, SignalSwiss was the only short trader....



but the important question is: how do you compare 3H TF with a daiy chart? IMO ..cheers
lewistz
I think the 5 wave pattern is pretty clearly at the top of the 5th wave right now. It doesn't matter if you measure the first wave from Dec 2016 or July 2016. Ignoring the August rally and starting in September is the only way to arrive at the popular belief we are in Wave 4 correction now. I believe market confusion about segwit2x will come into play in late October and we will start to ride down the corrective wave. If all goes well Nov 18-20, we will start the ride back up.
twtsd
Thanks you...
nvusneb
Do you use a lot of fibonacci in your analysis SignalSwiss?
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