ETHUSD 1H chart - things start to be interesting

22 Nis 2018

Ahh ahh! I know I keep pushing the count to the upside. But shouldn't you happy about that? Oh, are you selling when a chart indicated a straight line down?
Let me explain:
A chart is to a trader what the co-pilot is to a pilot in rally car race. A chart is a map that you (trader) needs to adapt (it is raining on the track today, are we managing the time because we are 35sec ahead, etc...). Do not trade a chart from a chart analyst you do not understand. Otherwise, get yourself the comments that accompany the chart. And check you plan (A chart is not a plan!)
As a trader, I have the chance to know the chart analyst pretty well (yes, it's same me), and I do not always trade my charts, I won't of course go against them ...

Back to ETHUSD, I kinda don't like motive 5 waves when I'm not in lol! But what I learned from 12 years analyzing charts is that I should not try to fade them for the sake of being in a trade. But soon, I will take a shot, wait not a short, but a long, right?

What is your take here?

23 Nis 2018

Not

So, this is it? few days to wait

24 Nis 2018

Not

It is not because I draw a line to the downside that ethusd is to sell. Cycle is mature but can extend and count will be adapted. And this is not a 15min count...