Test Redundant idea with arcs/arrows for clearer idea? Waiting for Entry Point Below...
Bình luận
It can be difficult to look at the market only to sit and wait. We must remember that waiting is a move and it is not executed enough for many traders -- especially impulsive ones. A fool and his money shall soon be parted...
When I short I begin at a price interval and if I'm pulled up in price I keep shorting in small increments. This is similar to DCA dollar cost averaging. I usually don't blow my whole wad at once basically. I only figured this out over time that it worked better for me. To each their own. Now my shorts are ranging all the way up to 8300 or the top of this price action we've had. If I wanted to I could cancel everything and be in profit or with little loss if it drags me up. Currently I plan for any pullback to be short lived and another long op.
Bear flag formed $6983 is target of flag pole - Everyone's waiting for $7200-$7287. Will they get it today? Maybe not... s3.amazonaws.com/tradingview/snapshots/n/nbnz5cWN.png
On 15min BTC wedged between the support s2 and s3. Pivot above is $8,156.73 The most important thing to note is how oversold we are on the 3 hour time frame. There is room lower for a drop to 71xx but that's it that I see currently. I will be buying more until we reach AT LEAST the pivot @ $8,1xx
Area to watch is $7,800 I will buy this if we dump fast.
Bình luận
This is interesting so we have the bear flag target made at 69xx and we have this bull flag target at 97xx.
The exact measurement of what looks like an ugly bull flag is $9720. If you are NOT on margin that is your target.
Bình luận
Also, if you measured the drop out (dump) below the point D on the diverging leading diagonal we had to $7300 and placed it as a blow off at point E you would receive $9720 give or take $30.
Đóng lệnh: đạt mục tiêu
Late to update. Better late than never. $9720 bull flag target reached.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.