Following on from the previous analysis, we've now reached the invalidation of the previous scenario that was speculating on a new bearish impulse.
It appears that the market is not yet ready to drop, and it decided to flush out the sellers yesterday.
Anyway the structure remains heavily bearish, we're probably just consolidating longer than expected !
I'll stay away from the bitcoin for a few days, waiting for the triangle waves to plot. Then I'll keep you posted about the next zone of interest to see If I trigger new short entries ;)
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
It appears that the market is not yet ready to drop, and it decided to flush out the sellers yesterday.
Anyway the structure remains heavily bearish, we're probably just consolidating longer than expected !
I'll stay away from the bitcoin for a few days, waiting for the triangle waves to plot. Then I'll keep you posted about the next zone of interest to see If I trigger new short entries ;)
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
Daily Market Reviews (FR+ENG) : youtube.com/c/proindicatorsbundle
// Website : pro-indicators.com
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// Twitter (FR) : twitter.com/Phil_RX
// Telegram (ENG) : t.me/pro_indicators
// Website : pro-indicators.com
// Discord : discord.gg/Agdf5rt
// Twitter (FR) : twitter.com/Phil_RX
// Telegram (ENG) : t.me/pro_indicators