Hope this idea will inspire some of you ! If you want to see my chart more closely, click the share button below that video.. You will be able to have access to the chart used in that video. Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum. You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil
If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
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Pretty rapid invalidation on the BTC today ! Really a crazy market. I'll stay out of this for a little while. Not having a decent risk-reward to short.
Based on the EW principle textbook, 9 times out of 10, it is more common to see a Running Triangle as opposed to a Running Flat. Below is my thought on that formation
tradingview.com/chart/2z0OVHMI/