Giá xuống

BitCoin 5-0 ...What I Know

BITSTAMP:BTCUSD   Bitcoin / Đô la
Perfect reversal from 5-0 PRZ @ 61.8% (2650) with IDEAL RSI confirmation as mentioned in previous posts.
I know most understand M&W-Type harmonic patterns but the 5-0 is a different animal.
I outlined the identification rules in HTVol2 but I was a bit light on some of the management relationships that are associated with this structure.
Here is some clarification:
As with all TYPE-I harmonic reactions, we look for the 38.2% target (2450) HITTING NOW!
I am watching closely because the EXPECTED HARMONIC REACTION w/ a 5-0 is beyond Target-1 @ the 886 retracement of the CD leg (2200), and then a 1.618 continuation (1900 - where Bat completes).

Two Thoughts for this TRADE Setup:
1. Targets are clear with stop at breakeven because continuations SHOULD BE demonstrative. The entry was ideal but no complacency just because the HARMONIC REACTION worked well.
2. Manage the reversal on price and RSI to scale out if no follow through.

Position Mgt:

__________________ 2650 = 618

____________________ 2600 STOP


____________________ TGT I 2200

____________________ TGT 2 1900

Properly measured harmonic patterns manifest these types of reactions and provide a "cushion" to manage the reversal in ideal situations but require immediate continuation.
Again, this trade setup is an analysis of the harmonic price action - which has been overwhelming lately.
Stick to the harmonic #s as they work for YOUR plan.
SigWit 80% acceptance. We will atack ATH for sure
Phản hồi
ranev tereskapl
@tereskapl, Where do you see 80% please? I see 35% at most...
Phản hồi
ranev tereskapl
@tereskapl, Thanks!
Phản hồi
@ScottCarney any update on this?
Phản hồi
bryce1181 patrickreiner
@patrickreiner, BTC did not establish a Higher high, and is now turning around. Right now is a good time to short.
Phản hồi
tereskapl bryce1181
@bryce1181, what now? any update? it look like it will go to ATH
Phản hồi
Great analysis!
Phản hồi
By the idea that is in the graph, from 0 to 100, what are the chances of being materialized in the current trend?
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất