Trade already 4 pips in profit so you can still enter now
3 TRADE OPTIONS 1. SELL - Retest of breakout and continue sell to fill institutional imbalance 2. BUY - liquidity hunt of previous stops from buyers then reversal for a buy to the gap- (look left) 3. SELL - Sell when the Gap is closed all the way down to rebalance the institutional move
price broke the downtrend and moving down. but has left a gap of imbalance which would eventually need to be filled for the downward move to continue1. short entry now due to break out and retest OR wait for price to move UP and fill the gap which you can sell from (better price/entry
Looking for a good re-entry to continue the short
Price has broken out and is coming back to retest the structure the 4MA and 50 SMA are about to crossover - Buy when the 4 and 50 cross over. (4 above 50) - and at least 3 15/30min candle bodies have closed above structure
Price has broken the uptrend - trend line price consolidated and has broken out of the zone Price is now at the retest of the breakout
Liquidity hunt/ Stop hunts have been taken out wait for the retracement and sell
Looks like a Wychoff is in play Price has left a gap that needs to be re-balanced 3 OPTIONS 1 price rejects at current retest and sells to structure - look to enter there 2 price breaks out of the blue structure - enter at the retest 3 price completely breaks down of the yellow support structure - look to sell the retest
We will let the market direct us
BTC going to the £7600 mark About 4 months Ago, I published a Cypher analysis going to the £12k range and pulling back to £8k. The rise has played out and the fall is now playing out We are looking to short to the yellow structure below which coincides with £7600 mark See old analysis below
I had posted this a few days ago and it disappeared for some reason. Technicals Waiting for price to hit the D leg on the Cypher harmonic. Short to 38.2% and 61.8% Fundamentals Also worth noting that the Bitcoin halving is upon us so this trade may go way above the D leg. For this reason, a good stop loss is necessary! Mind your risk management