Wavema

BTC 9th july

Long
Wavema Updated   
BITMEX:XBTUSD.P   Bitcoin
A new day start !
D: bullish ! no exhaustion of the green candle yet. Momentum full bullish.
1h: I had to change my lines, to adapt to reality. It's bullflag after bullflag. Ultimate target is 13 345. Volatility is stable. Price action is just growing
5mn: There is a bullflag touching a resistance 12 800. Next resistance is at 13 300

Plan: wait for a breakout of the bullflag at 12 800. Next target is 13 300. Sell all. It will probably dump to 12 800 then up again
Comment:
Volatility increase. Vol increase. Bullflag takes less and less time: 15h, 10h40, 6h

Comment:
Volatility increase. Vol increase. Bullflag takes less and less time: 15h, 10h40, 6h.
The breakout may happen very soon

Comment:
Volatility increase. Vol increase. Bullflag takes less and less time: 15h, 10h40, 6h.
We are near the big resistance,
The problem now is: it takes too long now. It' not out of the small uptrend chanel.
So... wait and see
Comment:
Volatility fly. Red vol candle a big too big. strange shape. I don't understand the situation.
Comment:
There is nothing to do: wait and see
Comment:
Look at the volatility: in each bull flag it decrease. Now, it's pinned to the top.
Comment:
Great :)
Comment:
Hyperwave ABC correction done !
Trade active:
It's going to create an ascending triangle. buy/sell higher. Breakout may occur in 24h more or less. And another micro hyperwaves will start
Comment:
Beautiful bearflag this morning !
Trade closed manually:
I closed the trade near the trendline. I didn't see it before. But my binance order is OK, I hold for 5 days
Comment:
Today raw profit on bitmex 1.26%. I didn't have time to reload for another trade. It doesn't matter... It's an ascending triangle. I'll buy the breakout with leverage.

Binance, I'm still in ( +3-4%)
All is OK. we'll see tomorrow.

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