pandacham88

pandacham88

Bull run again??? Potential wave 2 pull back, before the rally... stay tune... triangle theory is still intact

pandacham88

Bull pennant c wave can be impulsive.. But the triangle c wave can only be 3 wave down. So i expect the market going to pull back after making a 5 wave down.

pandacham88

I shorted the market here. Stoploss 11620 hard stop.

pandacham88

It’s potential making a triangle. To trade the triangle. We can either long now. Stoploss last low. OR, you can wait for C wave of the Triangle to complete before taking a position. And this will be the finished cycle of B wave of a bigger triangle.

pandacham88 Updated 

i believe we have a Bullish Pennant Triangle. Wait for it to break out, now waiting for 1 last retest before blasting off to upside 11400-11800 I will be Taking profit laddering in... Anyone who wants to take this trade, please reminded, that we might hit stoploss easily as well, and retest 10400... so having a stoploss is really important, remember, this is a...

pandacham88 Updated 

this is a wave 2 down to 10400ish, before we go 11800

pandacham88

It will take a few more hours (24-48) of consolidation before btc will make a pump on Sunday, and dumps back down on Monday... It has kinda been a traditional sunday is a pump day! So i will be watching out... Current chart showing a possible B complex... or a potential triangle.