BTC history repeats itself - Improved version V2

Slight twist in history today as we had a fake out below the large triangle, the big money plays mind games

Improved targets - I noticed I made a mistake looking at my targets

The last - white - arrow is a risky trade, and even the third green arrow is tricky

Long hard on the first two arrows and stay safe after that

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For the frist green arrow 9090 is the greedy target 9050 is the conservative target

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Still bullish above 8550 - panic sell off after a failed push up, give it time we're still consolidating

Put stop loss at 8550 (8545)

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I panic closed at 8600, reopened at 8575 after seeing the bounce of 8550

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We might be forming a bull penant

atm we seem to struggling at the top of the triangle trying to break up, we will see what happens

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Improved version - I reviewed the green trend lines

1 seems more likely to me at this point

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Ok we won't be going in to the triangle ...

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Ok I thought we might turn momentum in the afternoon but I didnt expect this candle at 12

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We're seeing some hammering on the last few candles and as I am posting this we have red one, so the first white arrow won't be happening

Looks like we'll trade side ways and break up around 4 - 8 pm and then the daily candle would close above 9k and we'd have a good outlook for tomorrow

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This time with the Fibonacci's

Long position would between at the 0.5 fib at 8820 and the 0.382 fib at 8780

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Simon111

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BTC history repeats itself - Improved version

Simon111 tarafından

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.