It's been a while since i've managed to put on a trade as I've found it difficult to identify clean waves. So I'm dropping a couple of rules on the lowertimframes and trading on 15min as a the lowest confirmation. I'm still using the 1min to identify clean impulsive waves just not looking for 5 waves as such. This move is targeting the fibo fan as an ABC.
Hey tradomaniacs,
welcome to another free signal!
Important: Wait bounce off @7.104 and place a Buy-Limit-Order!
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Type: Swingtrade
Buy-Limit: 6.989
Stop-Loss: 6.863,2
Target 1: 7.166
Target 2: 7.300
Targt 3: 7.511
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good...
1. Amazon broke out of its long term compounding trend and mooned up to about $2000/sh. Fib retracements of 50% are not uncommon in price moves like this.
2. The average of the near term compounding trend with the long term compounding trend is displayed as the green parabola and is likely where the reversal back to new highs begins- if this forecast plays...
HEY GUYZZZ,
ALTHOUGH A 1:1 EXTENSION ON THE C WAVE IS POSSIBLE NEARING THE .5 FIB. I FEEL LIKE THE MARKET IS VERY BULLISH DUE TO THE INCREASE 24HR VOLUME. I THINNK WE'LL GET A DOUBLE BOTTOM AND REALLY TEST THE .382 BEFORE ANYTHING. GOOODDD LUUCCCKKK TrrAAADdersSSS.
hahaha
k
There are some complex ideas about the market but I am seeing a simple trend in Bitcoin -0.60% . I didn't really see this until recently and so I had no choice but to publish this since there is a lot of data to support this theory. I have a multi month outlook so I figured I would update this idea and provide my weekly outlook.
Consider the following facts &...
BTC APPEARS TO HAVE FORMED AT THIS POINT A DESCENDING TRIANGLE AND IS LIKELY TO HAVE ENDED THE WORST OF THE CORRECTION UPON BREAKING OUT OF THE TRIANGLE. 8727 RANGE IS THE MOST LIKELY PRICE LEVEL FOR SUPPORT TO RESULT IN AN TREND REVERSAL.
