Both Short/Long windows revealed confirmed Elliot Wave & Volume
Elliot Wave & volume accumulation is self-evident.
So we’re looking at a retracemt to 10.6K where a wave of shorts will ensue leaving a bit of sideways action tumbling between yellow resistance zones with sideways price action indicative of global news and other indicators though with China Trade
Talks climaxing to a point of complete counter-productivity in a time when CCP needs a trade deal badly— thus seeing the DOW react positively as the U.S. is looking like bright new trade deals solidified between the U.K., Japan, and what’s looking like a ripple effect into an eventual Chinese trade deal, the markets are reflecting high consumer confidence as our agreement with Japan makes a huge boost for our tech sector also providing us with a much needed export for our farmers and their agricultural products hence cornering China into a situation where they need us more than we need them and the markets reveal that to be true as portrayed by the bullish nature of today’s market despite additional tarrifs slapped on China.
Short term on BTCUSD id expect us to fluctuate around 10.4K-10.6K though (LONG) I would expect us to reach a higher high of 11.6K with a timeframe est. being 3-4 weeks (IMHO) though timeframe is subject to debate the 11.6K Target is most definitely not as it is the next major stop in this slow-moving sprint-by-sprint bullrun ever since Q119.
Disclaimer
Invest wisely, never a penny more than you can afford to lose. Trade safe and beware of fraudsters, scammers and marketing schemes as they are rampant online. Protect yourself and your portfolio from reckless decisions & thieves. Peace & Love.
So we’re looking at a retracemt to 10.6K where a wave of shorts will ensue leaving a bit of sideways action tumbling between yellow resistance zones with sideways price action indicative of global news and other indicators though with China Trade
Talks climaxing to a point of complete counter-productivity in a time when CCP needs a trade deal badly— thus seeing the DOW react positively as the U.S. is looking like bright new trade deals solidified between the U.K., Japan, and what’s looking like a ripple effect into an eventual Chinese trade deal, the markets are reflecting high consumer confidence as our agreement with Japan makes a huge boost for our tech sector also providing us with a much needed export for our farmers and their agricultural products hence cornering China into a situation where they need us more than we need them and the markets reveal that to be true as portrayed by the bullish nature of today’s market despite additional tarrifs slapped on China.
Short term on BTCUSD id expect us to fluctuate around 10.4K-10.6K though (LONG) I would expect us to reach a higher high of 11.6K with a timeframe est. being 3-4 weeks (IMHO) though timeframe is subject to debate the 11.6K Target is most definitely not as it is the next major stop in this slow-moving sprint-by-sprint bullrun ever since Q119.
Disclaimer
Invest wisely, never a penny more than you can afford to lose. Trade safe and beware of fraudsters, scammers and marketing schemes as they are rampant online. Protect yourself and your portfolio from reckless decisions & thieves. Peace & Love.
- -@a1mTarabichi
