CharlieMcclelland

CharlieMcclelland

- few imbalances in the price - theres a few areas of liquidity - based on these 2 factors the POI & TPs are more valid

CharlieMcclelland

- Longer term play with a overall move of around 3% - 4% - Taking profits on the way - they are marked on the chart (TP1 & TP2) - chart looks a bit messy on the hourly, but makes more sense on LTF - The elliott wave length C also suggests a move up towards my POI before a move down

CharlieMcclelland

- Longer term play with a overall move of around 5% - 6% - Taking profits on the way (they are marked on the charts) - chart looks a bit messy on the hourly, but makes more sense on LTF

CharlieMcclelland

- POI is marked on chart - all TPs is marked on chart this is all depending on BTC having one last sell off pump

CharlieMcclelland

- POI is marked on chart - all TPs is marked on chart this is all depending on BTC having one last sell off pump before a large drop

CharlieMcclelland

- low leverage swing trade (5X or 10X depending on risk management) - would also be a good spot trade solid 20% atleast gain - need price to retrace down to the POI area to find a good entry

CharlieMcclelland

- need price to push up into the POI then I can find an entry point - the first 2 conservative targets are easily reachable - the last 2 target are just "let it run" sort of targets just starting out with the forex analysis, if you have any tips please leave a comment. Thanks!

CharlieMcclelland

- we need some consolidation to confirm this trade and then a dip into the OB to enter the trade - the entry is around 1.12296 - first TP is 1.12901, there is liquidity around that area which needs taking out and there is also the last bullish candle before a bearish move down - second TP is 1.14782, again there is liquidity around this area and was also the last...

CharlieMcclelland

- potential short on BTC - targets have not yet been mitigated so are valid

CharlieMcclelland

- entry $0.00002157 - TP 1 $0.0000209 - TP 2 $0.0000207

CharlieMcclelland

BTC short - entry $37,560 - TP 1 $35,700 - RP 2 $33,700

CharlieMcclelland

- potential entry for this long is 1.12271 - TP for this long is 1.14841 - the structure matches on the HTF & LTF - POI is valid as it is under the 0.618 fib level - liquidity needs to be grabbed and confirmed to make this move valid

CharlieMcclelland

- potential entry for this long is 1.12271 - TP for this long is 1.14841 - the structure matches on the HTF & LTF - POI is valid as it is under the 0.618 fib level - liquidity needs to be grabbed and confirmed to make this move valid

CharlieMcclelland

- you need BTC to continue to close below the 200MA - reject the resistance around $38,800 and continue in a downwards trend - to support this it also looks like the RSI is low which shows that BTC is currently overbought, which of course is bearish

CharlieMcclelland

- low RSI - not a large gap between the conversion line and base line - target 1 the bottom of the ichimoku cloud - target 2 is the closest fib level

CharlieMcclelland

- head and shoulders - bearish TK crosss - bearish MACD short position entry is $36900

CharlieMcclelland

- bearish TK cross - high RSI level - targets marked on the chart

CharlieMcclelland

- overbought RSI - large gap between the conversion line and base line - target is between the 0.382 fib, 0.5 fib and the 0.618 of the 1st elliott wave