BTCUSD: Forecast explanation
Updated
In this video I explain how the trend signals work and what we are doing to stay one step ahead of the market.
Cheers,
Ivan Labrie.
Cheers,
Ivan Labrie.
Comment
Sorry for the audio hiccups, overall you get the message here.Comment
Not a bubble, an uptrend that is about to end/pause for a good while. Meaning, no expectation of higher prices after the signals expire.Comment
1:00 mark: you won't find many people who get the accuracy we get with timwest's method.1:20-1:44 started trending in the weekly timeframe, in a very logical and predictable manner for us, making it easy to trade. We had rallies proportional to the accumulation periods, and corrections following the end of each move. The top here was caused by...
1:48-1:51 This took a while to recover from, and the key level from the China ban...
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1:55-2:02 (support for) the subsequent correction, and a base from where the rally took off. We then got out of this rally, because of a sentiment extreme where the market topped...2:16-2:30 (crazy volatility) in this period. We bottomed shortly after, testing support, and bought the bottom due to the sentiment extreme at support. You can refer to my publications for this entry. (I proceed to highlight the post)
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3:28-3:30 (volatile), it faked us out a few times but we ended up buying back at...Comment
I might redo the video, too many garbled parts.
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