Yes, that's when you know ur thing. Just check all the latest ideas after my hiatus.
I have to update my last call in this buy ( set TP at previous Highs ), because there is yet again the chance that this is not the real move ( timing not working ) and we go down yet again to break the previous lows, bang the head in 1440 and only then go for the big move back to...
I have been clueless everywhere, you can even read it in the comments:
So the Low is broken and not only broken but the whole Phase is completed ( hit the lower phase line on point ), that leads us to the fact that it can be time for BTC to hit new Highs, if the whole phase would not be completed I would most...
For the last two ideas is you were buying with me you're printing cash.
But sometimes you don't marry the position.
This move has broken the timing rules which I don't like.
Therefore we can expect a drop to actually reach that 1471 before we finally do the real move up.
I will not close any of my buys, but I will have a thing in mind to watch what 1536 zone...
Okay, the last idea posted, if you took the buy Gold give you 38$ move which is not bad at all. But it is not going and failed above 1518.
So Like stated in the previous idea there is a chance to break the previous Low because the Direction is 15.
So One can look for sells if you want to risk, down to 1471 area, but then that area becomes the crazy buy...
The last idea was sarcasm, take it like that.
But on a serious note. I am holding 3 Gold buy positions. 1500.8 - 1494.10 and 1487.13
I am 13% down as of now!
Don't listen to sellers. I spotted the sell and posted it:
But Gold according to the transitions will make the next move up!
It can spend...
Some of my Tradingview kids started crying, so as a good father I come to take care of you!
With " kanfidence " I can tell you that Gold is a sell because I tossed a coin!
Prove me wrong!
I love you too!
Gold is setting up for the next push up, but I am still expecting a sharp move down for the right phase count.
My Stop is at 61.8 because it should not be touched in this strategy.
Target is 1505 - 1500.
I am still holding 1547 entry from the previous idea so my stop is just 2$ away, but you can enter anywhere here.
Okay, last week or so was pretty slow, and finally, I got the move that I printed in all last ideas - up.
The current setup is that we need another sharp move down, the catchy part is to know exactly where it could happen.
My personal thought process is that I will start to sell a break of 1534 previous Top.
Nice transition is laying at 1540.90 so anywhere below...
A lot of head and shoulders sellers around, with stops 1511.
Meanwhile, I want to test transitional fibs ( Transition and Fib combination )
There are way more rules for that, but let's take the simple one, we should not hit the 38.2 to reach 61.8.
So Let's take 61.8 as the first target and 38.2 for the SL.
We have another transition cycling spotted. Also, it's not that simple as you may think. Every time you see something similar to transition cycling don't buy, because you will get yourself in trouble. There are conditions and rules to look at.
I am still in Buy from 1509 and added at 1504.
At 1525 I will take the buys off and start looking for sells.
Nothing has changed based on the previous idea other than small nuances to look for.
Like stated Phase to Phase, timing is completely Gone.
I want to see Gold without touching 38.2 of the lower phase slowly go up, that would lead us to 61.8% higher ( you know the rules )
Watch the behavior, If we get slow climbing up, definitely expect a sharp move down, I think...
In the last idea:
I thought that it is ready to go, but then noticed 1524 which I notified you in the updates, Reached and dropped but not far. That was a break-even trade. BUT because of that 24 and because of the transition cycling ( you see what happens when there is the cycling in my previous...
Those who were in the group if by any chance you read it since the group is deleted, see BTC coming down. And most probably will continue till we break the LOW for the next move up.
Nothing crazy n Fancy.
You know what to do!
Other than that, analyzing my charts, man I'm losing money on everything else except Gold and Silver. I have been a well known Gold trader on this site and maybe should stay one, I guess I don't want to see something important when it comes to tweaking the transitions for other instruments properly.
This Gold setup should be like...
Have one day free and wanted to post this.
I want to be one of those _ I called the bottom / Top of ( put whatever here ) guy.
If you are following extensions, the timing behavior of the 3rd phase is over.
I think gold will tag the 1522 FC level with its 1526 extension and that could be the last move of the dreamy and glorious " I believe I can fly " story for...
Another Transition cycling spotted. This time could be the one before the way bigger move up than previously.
Same goes for Silver. Place your entry above the tops.
Monitor them. If you get tagged and within 2-3 hours it is not moving ( Gold n Silver ) take off the position.
Had to make...