So this chart is a lil inspiration off (Greenstar Trading)-- What makes it work is saying that we have made an intermediate wave (1) then a ( Minor wave 1,2,3,4 waves) and looking for the (5th Minor also Aka . wave 3 Intermediate) . Right now the green zone I have out is the (wave 3 intermediate) zone goal. And yes you could have a different interpretation. Theres...
In this scenario we would be looking at this from a (WXYXZ pattern) point of view as we can say in this every part of the pattern had a (C wave divergence) to back it up. My zone for the (Z wave) would be from the common extensions of a (ABC wave) which is (1-1.618) but at 1.618 you question an impulsive. Also whats holding this scenario together is the Daily bear...
We have some interesting (Rsi divs and patterns) on the (4hr) we have a rising which can go both ways right now since btc is very strong but ill still lean down cause of the specific pattern. On the (daily TF ) we have a bear div aswell. As always these are my opinions As always happy trading : )
(Edited because I left out the actual minor structure wave to show where 5th wave minutee is (fixed) ) Now that Solana has finished its pullback from its (5th wave( of (wave 3rd minor) , now we look for the final 5th wave (minuete) of the the 5th wave (minor). I have put the zone of target and have gave a retracement for 4th wave I am looking for a alternation...
Instructions and given entries are put on the chart. If any questions just ask: ). As always these are my opinions As always happy trading : )
Ethereum is coming to a (Wave 1 ending) as we have the (Daily bear divergence) to confirm that or what at least I'm going off. As we come into the last of the (Minuette) 5th waves, I have put down a rejection zone then so forth will collapse into the (Retracements of 0.382-0.618) for (WAVE 2) then to uplift into one of the more impulsive wave structures of (WAVE...
Now that Solana has finished its pullback from its (5th wave( of (wave 3rd minor) , now we look for the final 5th wave (minuete) of the the 5th wave (minor). I have put the zone of target and have gave a retracement for 4th wave I am looking for a alternation since we had a deep for wave 2 so I am looking for a shallow. Again these are my opinions. As always...
So my whole validation on this scenario working is a rejection from (1.236-1.618) extension and forming either a (Running flat-Expanding flat) finishing off the (Minute wave) in the (Minor 5th wave) to then extend to the last wave to a rejection at (.786 fibonacci) to then comeback down to form a (bullish triangle) for (4th wave) to then uplift to the 5th final...
Ok so you may have seen me make some very bearish scenarios instead of very easy bullish signs like a couple (RSI divs) but my reasoning is below : 1.As a structure point of view if we had a wave impulse this could have been a running flat since we had a (WXY pattern) up but we didn't have a 5 wave structure down canceling out that scenario. 2. So why look at...
Btc bulls have pulled higher this is the last chance here for bears this can reject around (.618 fibonacci) and can also be ( 1.618 extension ) but if we pass (.618) a mini buy will be their for me to make.As ill only go for a confirmation above this scenario.People may say I shoulda already bought but I go off my own confirmations. As always these are my...
Btc bulls have pulled higher this is the last chance here for bears this can reject around (.618 fibonacci) and can also be (1.618 extension) but if we pass (.618) a mini buy will be their for me to make.As ill only go for a confirmation above this scenario.People may say I shoulda already bought but I go off my own confirmations. As always these are my...
(Expanding diagonal) -- Bulls have changed course but is it just a minor course change? Btc can very well be making an (Expanding diagonal) where (C wave) ends at (5th wave) and and impulse starts now wether it will reject or continue is still a question and as always if this changes course parameters will also change. As always keeping you updated on my ideas.
Looks like (Btc) could be making a bear (Ending diagonal pattern) with its last hit being a thrower. As always keeping you updated. As always happy trading : )
As you know my bearish scenario was disqualified I have updated my current stance on the bear count to this ending pattern. Parameters will change on the future of this scenario regarding different outcomes.As always these are my opinions. As always happy trading
Something for (Btc) is brewing on the (4HR RSI) as the pattern its is a making is a (Bear continuation flag), nothing is for certain but that is certainly not a bull pattern. Just wanted to discuss what I see. As always happy trading : )
So as we can tell that we are in the 5th wave as I also confirmed with the (MOM Divergences) and I am looking for an expected drop around (.236 to 0.382) but (0.382) more to my liking and yes you can say "Aren't (2nd waves) deep retracements?" Yes they can be but I am putting a conservative estimate on my goal post. I am also accounting in for Time frame based...
If you did take a look at this wedge from an inverted position you could see an inversion of a falling wedge . Just wanted to show my perspective with updates. As always happy trading : )
Again these are my opinions. What would have helped bulls case is that this could have been a leading diagonal but even in the minor waves we see (Overlapping truncation waves) which leans more to the corrective side. Which again I'm not confirming anything till further more confirmations come into play but as of now I am leaning corrective . As always happy trading : )