Longing the panic

Looking for a bounce.

3D Chart:

Trade attivo:

Long since minutes, at 4457$

Commento:

Good. Now set a SL and let it go.

Commento:

Bounce, rejection at 5000$, now forming a triangle.

Good luck.

Commento:

Tough. Bulls should try to recover 5000$ within a couple hours aor we'll have more sideways and headaches.

Commento:

Why?

A morning star desperately needed on 4H in order to later deal with 5500-5600$ key area. Failing here would matter.

Commento:

Again, set a TP or SL.
You're playing with fire here!

Commento:

I think somebody is methodically dumping, no idea how long it will last.
Look at the two previous clear rejections ate the 6000$ mark.

Commento:

They're suppressing bounces an at the right momenti they'll push price up.
Problem is we have no idea about their target low.

Awaiting 4H close.

Commento:

Morning star on 4H.
Evening star ( possibly) on 15M.

Hopefully we may have a second leg up later.

Commento:

Here we are, MMU / Cup & handle attempt ongoing.

For now it looks weak, but let's HOPE bulls have some volume up their sleeve.
Failing such an occasion would be rather bad.

Commento:

See also the templative ascending triangle.

There's all is needed, except strong volume.
So we have to wait and see.

Commento:

AGAIN: Remember to place a Take profit, you have already a +15% gain in your hands if you played this trade like me.Let it go, but don't waste all your gain in case things go wrong ;)

Trade chiuso: stop raggiunto:

TP fired @8060$.

Amazing what bulls managed to waste here.
Hope you followed the above advice.

Commento:

Commento:

Trade was closed with an intraday 13% gain ( plus margin ).
Looking forward to next one.

Commento:

WTF?

Commento:

Looks like we're going to have supplimentary time.
Technically another way bigger ascending triangle is forming.

It's up to you, i'm tired now,

Commento:

So tired i wrote: " TP fired @8060$"
that's obviously 5060$, folks :)