Boon2
Long

BTCUSD M15 Wave C Up.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Impulse up, correction down with bullish divergence .

Look for the buy setup's against the wave A low 1st targeting the 100fib

Checkout my H4 idea for a more complete picture thank's.


Good luck and trade safe!

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Comment: If your in the trade move to BE, we have FOMC in a couple hours that could drive us to the 1st TP
Good luck
Comment: We have hit the 1st TP so if you just closed half your position the 2nd half should be at BE. It look's like we are getting another correction now, there is no bearish divergence so you can look to add to your position.

Look for buy setups.
M15 Chart
Comment: BTC M15 We are getting the correction, wait for it to form then you could take a solid break targeting the 161.8fib (161.8fib will need to be adjusted to the low of this current correction)
M15 Chart
Comment: Well we got the Z up on M15, I hope at least some of you following this analysis took it!
Trade closed: target reached: Ok so now we have 5 up on M15 with bearish divergence and TL break. Now you can wait for bear flag and sell for a C down scalp!
M15 Chart
Truly magical charts my man
+2 Reply
Boon2 VForex
@VForex, Cheer's, Yes they don't get to look much better than this. This is a prime example of what I like to see, nice impulse up shallow correction with bull div. Price only retraced to the 38.2fib., 50fibs acceptable.

If only price gave these setups all the time there wouldn't be a poor person in the world.
Reply
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