Long

Sick Channel Identification W/ Confluence

By Caravaggio59
Updated
BURST/BTC is following my fib channel, of which was positioned based from my interpretation of my current choice indicators. (Yellow; Inference for this trend line came from fractal indications & channel direction forced to the right-slightly-upward by the WMVA *Dark thick black line in the midst of the T/K lines from my IChimoku cloud.)

Trend will be SQUEEZED into the fib channel. Initially downward in the channel, then maneuver around the T/K & the Chikunspan B.

The rectangular area-box indicates the 1st of said supplyzone, and the bronze-colored eclipse is the approximate coverage for price stability.

Thank you in advance for Comments, Questions, Peer-Review.

Think IM WRONG??! PLEASE DO TELL! I am eager to receive constructive criticism! Bring your pail of water to the tree of knowledge!
Trade active
Caravaggio59

Disclaimer