Hello, dear friends!🖐️
As you know when the dump started at
25K I opened short trade, but close it next to the
23K because I saw the corrective, not impulsive structure of this dump.
During the first decrease price has been touching the Alligator, an I interpreted it as a wave A, not the wave 1. Therefore I have been loking for the ABC correction, where wave C was an impulsive one.
After that we saw the annoying flat, where I changed my mind multiple times and in overall I have 0 profit during flat. It's good because according to my breakout strategy I have to lose money during sideways.
Yesterday I saw the bullish reversal bar at the very bottom of the wave 2 and now I consider the wave 3 which has a lot of valid fractal signals. I wanna eat up the entire wave 3. The approximate target for wave 3 is the 1.61 Fibonacci extension $24900 📈. I am going to close my long trade there. Anyway If I am wrong I have trailed my stop loss to the profit area.
Best regards, Ivan
As you know when the dump started at
During the first decrease price has been touching the Alligator, an I interpreted it as a wave A, not the wave 1. Therefore I have been loking for the ABC correction, where wave C was an impulsive one.
After that we saw the annoying flat, where I changed my mind multiple times and in overall I have 0 profit during flat. It's good because according to my breakout strategy I have to lose money during sideways.
Yesterday I saw the bullish reversal bar at the very bottom of the wave 2 and now I consider the wave 3 which has a lot of valid fractal signals. I wanna eat up the entire wave 3. The approximate target for wave 3 is the 1.61 Fibonacci extension $24900 📈. I am going to close my long trade there. Anyway If I am wrong I have trailed my stop loss to the profit area.
Best regards, Ivan
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Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.