Further to my previous Wyckoff bias from the daily, now seeing the trading range develop on the 4H, Phase C shakeout may have been concluded and I'm now looking for price to jump the creek (yellow), break the descending trend line. And put in an SOS above the range, with a retest before targeting the .33 Fib level from the cup and handle formation.
Not
LPS looks like a good POE (point of entry) with price rising on reducing supply, should make a move to the upside fairly soon.Not
Developing well, nice impulse wave and SOS bar on the diminishing supply, now we need to see a commitment to the upside with a continued SOS rally above the range which will be your next POE.Not
Now at range high, put in a nice shakeout candle with a pull back on BTC. I expect some shorts to be put on here but I'm looking for a SOS rally to break the range, liquidate those shorts and a backup into support for another POE.Not
I don't think we've seen the SOS rally yet, 21st looks like it was just an UT so I'm watching for distinct and sustained SOS rally above the range and maybe a backup to the 0.25 support. Best to wait for the backing up POE for RR. And 5 Day close today also looks very bullish.
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.
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.