Wemd

Wemd

Accumulation looks beautiful imo. Good R/R ratio, what else do we need, right?

Wemd Updated 

We are about to hit the take profit area. Not sure whether it's a good idea to short, but i'll try to get in a position there. Personally i don't believe there are many people waiting to sell this on level, i accept possibility that it can jus go though ATH and never comeback, but still from TA perspective this is the level we suppose to take profit from

Wemd

Second try to short in this uptrend. Don't forget to take profit on the way down. Pretty sure we break the trend this time

Wemd Updated 

As always good R/R. Easiest stop loss. Should be low leverage trade. Bearish local formation, probably because of "satoshi coins" FUD. Don't really like to trade during or after the news, but i can't move past this trade, too good of opportunity. Get out of the trade if price reaches 9700

Wemd Updated 

Ascending triangle is about to be completed. Easy stop loss, good R/R ratio. Why wouldn't you play this?

Wemd Updated 

Possible scenario. Let's retest 9100 area and see what's up

Wemd Updated 

I would watch ETH closely. As always easy stop and potentially 10% profit. Take profit at 0.025

Wemd

Solid trend inside the ascending triangle Easy stop

Wemd Updated 

We are close to the top. I will be trying to get in a position around 9200. There will be a pullback, nothing goes in a straight line

Wemd Updated 

Guys look at this beautiful horizontal resistance line and higher lows! This is bottoming pattern for sure. After each test of the resistance it's getting weaker. If you still think we go down, think again

Wemd

I would like to hear feedback from people who understand the Wyckoff method. Is that true accumulation phase?

Wemd

Open a short from 0.25 Fib with a stop-loss at point C. Take profit target is 1 Fib