Trading_Jazz
Short

(1h) Bearish RSI Div // Completed Bat and ABCD pattern // ®

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BITSTAMP:BTCUSD            

From left to right:
. ABC correction completed;
. New impulse with an AB=CD pattern completed and also a Bearish Bat pattern with target at 38.2% and 61.8% retracement ;
. Inside a corrective structure (pink channel) and i believe we are inside the wave 3 of a 5 waves impulse that will end near to previous high's. @445$;
. There's also a few Bull's waiting the Cypher to get completed @415$ (blue)

Note: attention the default ratios for wave 3 at 161.8% extension of wave 1 ;) and in that case i'm expecting an bearish rsi divergence on tops.

Safe trades;
https://open.spotify.com/track/0baZKQBd7l8S2b4gkkbXae
I didnt understand, you said that we will probably end up at 445 but if that is true, why would we short?
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out