BTC Setting Up For An ABC Correction?

1 авг. 2018 г.

If we have resumed our descent then we COULD be yet to complete a wave 5 of a wave 5.

This would mean we have a little more room to go down and touch the support area and then head back up. The green boxes mark areas of volume which I think we may head up to test and make possible targets. Then it will be down to how we react to the 200 moving day average on the daily.

3 авг. 2018 г.

Сделка активна

It's finally reached the buy entry target and trade is now active.

3 авг. 2018 г.

Сделка активна

Took partial profits of 50% at 7,500 and raised the stop loss. Higher target may be as low as 7,600 so will take a further 25% profits there, raise the stop loss and see if we can reach 7,700 or higher before opening a short position.

4 авг. 2018 г.

Сделка активна

Not sure there is enough bull activity to take us to the 50% retrace so will take 100% of remaining profits at 7,600 and look at a good price to short.