Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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Ended last Scenario with mild losses. Let's see hot this plays out. So we are heading to 5k as we have been heading for a long time. Although i thought 2 weeks ago that we take that 12k first. Well it aint gonna happen. This snapshot is from this current play that has beem played out so far pretty good as posted in twitter and discord about 11hrs ago. So it makes also possible that this will play out to the end also. And by end i mean this scenario, not bitcoins :)
So to open this up
Turqoise is the larger ABC structure guiding us down. A ended on 5860 (bitmex) and we are currently in B. Target for that turqoise B is 6850-7100 regions. From there starts the turqoise C down to 5k. Orange waves are subwaves of the turqoise B. They are also ABC as all EW chartists know. And currently i see us orange B of turqoise B heading down to 6080-6200 levels. From there we start a real shortsqueeze to 6850-7100 regions and that is the point where i will accumulate my short position
Targets (in that order):
1. 6080-6200 ( I will enter long if this happens) 2. 6850-7100 (Moving to short) 3. 5000 ( Closing short at 5200) Not entering long immediately.
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Targets still
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Valid
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Scenario 5 Targets (in that order):
1. 6080-6200 Technical hit! Not hitted my fills though. No profit no loss. 2. 6920-7450 (Moving to short) 3. 5000 ( Closing short at 5200) Not entering long immediately.
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@senseielliot is my twitter. Follow that to stay on the pulse
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and yes, with one t-letter @senseielliot :)
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So once more Sensei Elliott hitted he's target. Next one: 5k. Here we come.
Scenario 5 Targets (in that order):
1. 6080-6200 (Technical) HIT! Not hitted my fills though. No profit no loss. 2. 6920-7450 HIT! I am short 3. 5000 ( Closing short at 5200) Not entering long immediately
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As you who follow me on twitter know, i already closed my short at 6400 making 8% profit. Im entering short again and my first short bag was filled this mornin at 6730ish. Ive stacked them up above 7k eventhough i dont believe we see 7k anymore. Targets are 100% valid still. No reason to update :)
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Still in the original sell Zone. taking very long now. If i get stopped at 7200+, i will re-enter above 7300
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Havent updated this in a fairly long time. More active (daily) in twitter @senseielliot but to be brief. We are heading still nicely to our target 3. Nothing has changed in that. 5k and it's sub levels is the point where this scenario is closed and we move to next one
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LOL. Headline of this scenario hasn't age well yet. I havent been updating this very much lately. Been even more active in twitter atleast 1-2 per day. Main target is still the same. sub 5k. 4650-4800 to be exact. Stay safe :)
Ill be posting new scenario when we have reached our target.
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This Scenario finally been closed. our target was met and we made 9 trades where 5 where stopped. Total profits 29,20 which is not much for 3 months period but i didnt anticipate it to last that long. Will be making new chart with targets while we have more clarity what the bottom will be