porden

porden

I thing BTC is about to reach a bit higher, before retesting around 42k levels. This setup provides a a good R:R

porden

In my view, we have now completed an impulse wave to the upside, and it's likely for a proportionate correction wave to tale one of these paths

porden

it has breached the base channel in the downside so I'm inclined to think we are in a motive wave down. Target sell price is 318 to 0.5 of wave 3, since wave 1 has retraced to 618. aiming for the wave 5

porden

At the moment we might be breaking the downward channel, which could signal break from the correction, and the star of wave 3 of the larger trend

porden

I think this is the count for CADUSD at the moment. As you can see in the chart, it seems that we're on heading towards completing the fifth green wave, which would complete the higher yellow wave. I think there is a possibility for going long in the fourth green wave P.S The previous count had assumed the yellow five waves were about to complete, which was...

porden

This is how I see CADUSD at the moment

porden

I see this as a possibility that provides a good rr

porden

I think this is a setup worth investigating, In my count we have now completed the 3 wave and there's a possibility in entering the fourth wave for the final push down

porden

I canceled the previous trade because I think this is actually the count, and first wave up is complete. Therefore I am going to place orders just above 381 5 and 618 retracements, with a stop loss below 718, aiming for 1:1 third wave of the first wave

porden

This is the likely scenario in my opinion

porden

i have also considered Elliot wave counts. My target for the short is a little lower than the 0.618 retracement target, but I think its justified given that the support/resistance and also the larger waves being unclear.

porden

I think this is a good trade, with a good rr

porden

I'd be waiting for the price to comedown to my limit level and then enter a long position

porden

I think theres an opportunity for a short term long here

porden

This is my XBTUSD play for the coming weeks. I'd try to enter at around 22700 level into a long trade, with the aim of reaching 26k level. If the price drops to 20k level, this count is invalidated

porden

I think C is not complete yet

porden

I think this is the most likely count at the moment

porden

thre subwave doesnt seem to be complete yet