About meI'm a professional trader for over 12 years. Started as a hedge fund manager and then I established my online trading community where i teach and mentor people how to become really successful traders. Please visit my blog - https://vladimirribakov.com/
H4 impulsive move followed by flat consolidation
Looking for sell opportunities near the top of the consolidation for the best risk reward ratio.
Expecting the price to continue lower and form a new swing low on H4.
In Bitcoin my view was bullish and I was expecting the price to move higher further after the consolidation.
On the H1 chart, the price action followed my analysis exactly as I expected it to here. The price which was moving inside a consolidation broke above the top of it and then it moved higher further and provided a fantastic move to the upside!
D1 - potential bearish divergence along with resistance zone
H1 - multiple false breaks + bearish divergences
Expecting continuation lower once and if we get a reversal (break and close below the H1 level) confirmed by MACD as convergence.
W1 - bearish divergence
D1 - bearish divergence + bearish convergence
H4 - ABC correction with a potential TL breakout
Looking for a breakout below the most recent H4 low to confirm the bearish pressure.
Invalidation the last swing high of H4 chart.
W1/D1 - expecting to see full 100% fibo expansion
H4 - abc corrective structure very close to the 100% duplication and massive resistance level
Looking for reversals inside the zone marked in the video. First level starts where the red box is.
In this pair my view was bearish and I was expecting the price to move lower further.
The price moved lower directly here without pullbacks and provided a fantastic move to the downside delivering around 200 pips move until it was blocked by a bullish divergence.
W1 - good resistance + potential bearish div.
H4 - bearish convergence
H1 - bearish impulse.
Looking for pullbacks and sells.
NOTE - the higher time frames are suggesting another possible wave up. Do your risk and money management accordingly.
Price reached key resistance #1 and currently holding below it.
H4 bearish hidden divergence.
H1 bearish regular divergence.
Looking for continuation lower.
If the first level marked on the chart doesn't hold, i will look for sell opportunities at the next key resistance above.
W1 - bearish hidden. Expecting further continuation lower.
D1 - Potential bearish divergence
H4 - Potential bearish divergence.
In the long run i'd look for sell setups only. However in the mid-short term scale, we might be taking advantage from bullish as well as bearish opportunities.
It is all based on resistance where the price is trading at the moment....