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well it crashed earlier than what I expected
The setup is clearly explained on the chart
I will keep you update here if anything changes
The setup is clearly explained on the chart
I will keep you update here if anything changes
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wait for the 4th correction to finish and then sell
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the triangle was not confirmed
this is the updated model
this is the updated model
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sorry wring chart hahahahhaha, that is for Bitcoin
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it seems the the 4th wave correction is finished
it looks like a flat.
however I am expecting the 4th wave correction to be much longer. there are 2 scenarios that I have plotted on the chart
the safest way is to sell after the breakout
however I am expecting the 4th wave correction to be much longer. there are 2 scenarios that I have plotted on the chart
the safest way is to sell after the breakout
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Confirmed, I am short
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Enjoy your free money :D hahahaha
move the stop loss down to break even in case of reversal
move the stop loss down to break even in case of reversal
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I was expecting the wave 3 to happen but it was not what I was expecting.
I closed teh trade with some few profits.
this is the big Picture.
there could be couple of senarios:
1-we are having a 1-2-1-2 and then wave 3
2- wave 3 is unfolding as couple of 1-2s
For now I am waiting to see where the new correction ends, based on that I can decide what to do next
I closed teh trade with some few profits.
this is the big Picture.
there could be couple of senarios:
1-we are having a 1-2-1-2 and then wave 3
2- wave 3 is unfolding as couple of 1-2s
For now I am waiting to see where the new correction ends, based on that I can decide what to do next
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what will happen is probably this :
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The first leg of the correction is over
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alternative wave count, if need to see if this wave is gonna have a 5th wave or not, base on that the whole wave count will change
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last bearish model
if this fails then I am gonna consider an uptrend model
if this fails then I am gonna consider an uptrend model
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@isuskha, check my latest updated just published. I am already short, this has tight stop loss
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@isuskha, move the stop loss to break even in case of reversal. I will post about the possible targets. let me make sure it has gone down enough first :)
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@isuskha, I updated the post , the wave supposed to be wave 3 , but it reversed shorty . see the update for the explanation
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@Analyticssage, great work. I might have to follow your up dates 24 7. Lol
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@isuskha, thanks you :) I follow the textbooks. everything I publish is 100% based on reference books not my personal opinions
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