Place buy stops at .8665 . TP .8717 ..l.. ()(-_-)() ..l..
Another look at usoil and we have a butterfly. that confirms my first post about the AB=CD > T1 65.80
Keep an eye on her. If she blows past the 1.618% then she will be going to the 2.618%
Price has now rejected at the 261.8% ext. of BC. Should be down from here. Even .01 will make some money on this trade
.618 - 1.618 ABCD is complete now but i am going to wait to see if she wants to give one more push up to the 161.8% extension XD. I cant enter this trade with confidence unless she comes to the 2.0% BC extension to complete the Deep Crab. She should drop fast and hard around .9718
Alternate Bat completes @ .75990 but with it being so close to a 50% retracement I will have 2 sell limits in place . first @ .75990 and second @ .77120 Also, Watch the RSI 14 for confirmation on the 1H . Look for a nice M pattern in the over bought area when price reaches the PRZ
Triangle breakout with bearish butterfly completing at .7125. Buy the breakout then short for the retest of the structure
Waited 2 weeks for this to complete. Let's see what she does
Watch price action around 1.5430. If she goes below, wait until she comes back above that price range then enter long. Should be some volatility around that price range. Let's see what she does
If you missed the first short entry no problem. We will have another chance to add positions at .6970.
B leg can retrace between 38.2% or 50% of XA leg BC leg can retrace between 38.2% – 88.6% of AB leg CD leg can retrace up to 88.6% of XA leg CD leg can also be an extension of between 1.618% – 2.618% of BC leg
Crab (purple ) Butterfly (red) Let's get it.
For those of you who believe that Cryptos are fundamentally based and think that technical's are "non-applicable " , Watch and learn - Harmonic Masta
Entry .7400 T1 .7311 T2 .7252 Sl .7440