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Wolfe Wave

short toward 37000main scenario short toward 37000 why ? completion of wolfe waves on 4H a clear divergence on MACD on 4H price stable below 200 EMA on Daily and 4H price action about breaking trend line of 1-4 of wolfe waves indication of ichimikou for bearish move(for simplicity i turned off ichimikou on the chart) alternative scenario in case of failure and price goes up and stable inside the channel depicted on the chart and stable above 200 EMA ,the target is 46000 any idea ,please share tnx
BITSTAMP:BTCUSDShort
by MtICHI
1
Crazy idea! Oil will be back to ~70I am trying out a technique called Wolfe Waves. You can google WW to learn about it. Technically, by using this technique, oil will be back to ~70, into the trend. Then, the number '5' here shall be a fake break out. Fundamentally, the current war may have a positive worldly-meaningful expectation soon. The drop-into-the-trend may look crashy. We will hear a little chaos/fear/shock/whatever. But technical trader may remain calm and just look at the chart. Additional idea, Oil will make Double Top (better if confluenced by a positive news) and take the Big Round Number 130.00, before crashing. Like/Follow/Comment if my idea is any helpful.
XShort
by lilybahari
2