D1 we got a solid TL break, my only concern is how price did it. From the low BTC doesn't look motive to me as it should in a reversal so I'm looking at either a running or expanding flat in the W1 B wave.
My last H4 idea invalidation point was taken out, even though I can't totally rule out a lower low I can now start to look for buy's for the D1 wave C up. No one knows where wave C will end, whether its a running flat or expanding flat time will tell but we can trade it on the lower time frames.
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, share and hit the thumbs up now so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
Look for buy setup's on the lower TF's, here's what I'm currently looking at on M15
Here is my previous D1 idea, Please checkout the idea detail's and all the update's to get up to speed thank's!
My last H4 idea invalidation point was taken out, even though I can't totally rule out a lower low I can now start to look for buy's for the D1 wave C up. No one knows where wave C will end, whether its a running flat or expanding flat time will tell but we can trade it on the lower time frames.
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, share and hit the thumbs up now so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
Look for buy setup's on the lower TF's, here's what I'm currently looking at on M15
Here is my previous D1 idea, Please checkout the idea detail's and all the update's to get up to speed thank's!
Comment:
At this stage we have a running flat so you could now put buy stop just above wave B or to get better RR wait for a little bull flag which we don't have at this stage. It still looks like we may get the expanding flat.
Comment:
M15 Something is wrong, we got a M15 running flat and after the C down I would expect to see impulse up breaking the top and bull flag for continuation, we never got that but instead were getting consolidation within the C down. This is a big red flag for me and lead's me to believe were getting higher TF correction, possibly H4 wave 4 so this could become quite messy for some time to come. Wait for nice buy setup before jumping in.
Comment:
BTCUSD W1 Basic EW ABC Correction. Checkout the idea detail's for the full run down thank's.
Comment:
M15 running flat didn't go and I wasn't surprised (look at previous comment's) So I expect a larger correction. H1 we got a choppy wave just breaking the top so I think were getting an internal B wave up (may not be over). For me I need the internal C down and a buy setup to get in long for the RR, It's risky to buy up here and at this stage you can only buy above the top moving to BE ASAP.
What I'm looking at on H1.
What I'm looking at on H1.
Comment:
So since my last update my H1 view has not changed, were getting the internal C down for either the running or expanding flat. Look for buy setup's.
Comment:
On the 5th of April I put out an update on the M15 chart and now were getting similar price action on the H1, something is wrong.
H1 we have running flat but price never broke top with an impulsive move which lead's me to suggest we may be looking at H4 correction as stated in the 5th April update.
You can take bullish setup's but I would advise to keep tight SL and move to BE ASAP.
H1 as I currently see it and if you take buy setup's be sure to move to BE if top gets broken. (red line)
H1 we have running flat but price never broke top with an impulsive move which lead's me to suggest we may be looking at H4 correction as stated in the 5th April update.
You can take bullish setup's but I would advise to keep tight SL and move to BE ASAP.
H1 as I currently see it and if you take buy setup's be sure to move to BE if top gets broken. (red line)
Comment:
I hope everyone had a safe and happy Easter break.
Not much has changed since my last update, price continues to push higher in H1 internal Y wave. We have broken the top so all buyer's should be at BE.
H1 Chart
Not much has changed since my last update, price continues to push higher in H1 internal Y wave. We have broken the top so all buyer's should be at BE.
H1 Chart
Comment:
If you have been following my update's you would of heard me mention the H4 correction. Checkout the H4 BTCUSD Update.
Comment:
BTCUSD H1 Regular Flat Idea. Checkout the idea for the complete picture thank's.
Trade closed: target reached:
D1 We price reached the 100fib and getting bounce down off it, look for sell setups.
Comment:
H1 chart, Look for sell setups.
Comment:
My last H4 BTC idea you will see I was looking for a correction in X before we get the Z up, Here's what I'm looking at for the X wave. A running or expanding flat.
Comment:
I have put out a new H4 idea, you can check it out here. BTCUSD H4 Running Flat In Wave X.
Comment:
BTCUSD W1 C Wave Down. New idea, check it out to get up to speed on my point of view thank's.
If your bearish we are getting a bear flag and if we get the break to the downside before a breach of the top the more experienced trader can take the short scalp moving to BE ASAP.
M15 Chart.