Hey guys
as our last analysis - we had 3 scenarios - lets take a closer look and make an update for these scenarios
1: This was our first analysis that we thought we have a trending impulse (which has 5 waves):
There is no update needed for this analysis anymore coz We dont have trending impulse anymore (The Red Waved Scenario is out)
2: 2 week ago - we published our second analysis - That we can have A Terminal impulse (ending diagonal) which we said its less likely:
Coz it was more like a Trending Impulse vs Terminal
But now we can count one this scenario more
Lets take a look at this scenario (The Blue Waved Scenario):
If we break the Bottom Red Box - We ll have the LL (33k)
Then we can Be sure this scenario is going to happen
Target for this scenario after the 5th wave of terminal Ends, is : 51k
Note that: if we are in this scenario - We must Break 33k (at least) - So we can short it to 33k - then close the short and wait to pattern completes itself to Buy with 51k Tp
3: 3rd Scenario that we promised to share it couple days ago is this (Black Waved Scenario):
In this scenario - We have Triangle - And We expect C to ends above the 33k - between 39k to 37k and Long to 80k / 90k - first tp for this scenario is 57k
So - What am i doing?
As i said before - i m shorting BTC from 44400
If i see the weakness of sellers in the area between 39k to 37k - i ll close my short position
otherwise - i ll hold my short to 33k and the next lower lows
or simply - after we reach below 39k - i ll set my sl above 39.5k
and 25% tp in 38.5k
And wait to see if we go up or down
if we go down - we ll take more profit - if we didnt - we ll close the short with Nice profit anyway
And plz dont forget to press like bottom for more updates
Thanks
Have a great day
Cya
as our last analysis - we had 3 scenarios - lets take a closer look and make an update for these scenarios
1: This was our first analysis that we thought we have a trending impulse (which has 5 waves):
2: 2 week ago - we published our second analysis - That we can have A Terminal impulse (ending diagonal) which we said its less likely:
But now we can count one this scenario more
Lets take a look at this scenario (The Blue Waved Scenario):
If we break the Bottom Red Box - We ll have the LL (33k)
Then we can Be sure this scenario is going to happen
Target for this scenario after the 5th wave of terminal Ends, is : 51k
Note that: if we are in this scenario - We must Break 33k (at least) - So we can short it to 33k - then close the short and wait to pattern completes itself to Buy with 51k Tp
3: 3rd Scenario that we promised to share it couple days ago is this (Black Waved Scenario):
In this scenario - We have Triangle - And We expect C to ends above the 33k - between 39k to 37k and Long to 80k / 90k - first tp for this scenario is 57k
So - What am i doing?
As i said before - i m shorting BTC from 44400
otherwise - i ll hold my short to 33k and the next lower lows
or simply - after we reach below 39k - i ll set my sl above 39.5k
and 25% tp in 38.5k
And wait to see if we go up or down
if we go down - we ll take more profit - if we didnt - we ll close the short with Nice profit anyway
And plz dont forget to press like bottom for more updates
Thanks
Have a great day
Cya
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