Price Action - 2-Day Perspective Part I

Updated
Hi everyone!

I'm posting my 2-day predictes for BTCUSDT in a micro vision with Short and Long major reversal points as I expecting for now. A Fibonacci Retracement range of 78.6-50% from the supply zone, which a right shoulder Is very predictable, we can see consolidation movies and this Is not a buy zone. Next part II will a macro vision of a BEARISH XABCD '222' Gartley pattern so-called Crab Harmonic Pattern.
In that that peak of a head formation (higher top after a lower high) tus candles are configuring a bearish condition In H1 of reject from the major trend line above 51300. The overbought condition Is in all hour time frames. So we can expect a decline A-B-C strongly impulsive wave soon to the 78.6-50% zone by today. It's a profitable short position plan to short above 51300.

Thanks for your support! Have a nice day! ☕🌽🥓
Note
Price Action - 2-Day Perspective Part 2
FibonacciSupply and DemandTrend Analysis

Also on:

Related publications

Disclaimer