SHORT BTC (Prj.2019.P04.E05).MicroLevel.Target

Aggiornato
As per chart outlay, a possibility rather than the downward wedge which most think it is.

istantanea

Previous post
BTC (Prj.2019.P04.E04).MicroLevel.Target
Nota
Chart update: Tracking both scenarios.
istantanea
istantanea
Nota
It seems it was the Wedge as per previous post istantanea
Nota
istantanea
Trade chiuso: obiettivo raggiunto
Target reached for what I envisioned. It can go higher but I will settle for this price..Note, This time round I had the fib fan accurate to help me draw the predicted path, As for the channel, its invalidated after it broke out of it. My next post shows how many wedges played in the Macro formation.
istantanea
Nota
As you can see on the RSI, its hit the critical level which I indicated with the red region.Also note, how confluence is with the fib. pitchfork.Plus RSI indicating bearish divergence. Hence the reason for selling. istantanea
Nota
other confluences.
Double top, RSI level, Upward wedge, previous resistance level, + fib.fan and fib.pitchfork lines, all say sell.
istantanea
Nota
istantanea
istantanea
Nota
As per the original idea, I'm also considering this channel as we found the new line for ABCD
istantanea
Nota
There is an upper part to the channel and lower part. Currently its sticking to the upper quadrant as per the fib.fan (orange lines).
istantanea
Bitcoin (Cryptocurrency)BTCbtclongBTCUSDbtcusdforecastChart PatternsTechnical IndicatorspriceTrend Analysis

Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Anche su:

Pubblicazioni correlate

Declinazione di responsabilità