RACEACEACE BTCUSD 2 IDEAS PLAYING OUT GET READY FOR SHORT

My group successfully trades the 1 minute chart. WOW MY IDEAS ARE PLAYING OUT - AGAIN! KEY WORDS: GET READY. The price is now nearing the 8/1 Gann Fan line from the recent pivot high (circled in blue). This line is currently situated near 7390. From my experience, the price often tests this 8/1 line, moves above it, and shortly afterwards rejects DOWN. The next resistance above this line, on my chart is at 7477. Using this information, I believe it is likely for the price to:

1. Reject before 7400 and dump
Or
2. If the price moves above 7400, it will likely reject between 7440-7500.
This also fits in with my play of the 1000 tema and 800 ema, which is currently playing out. The bull cross is currently happening.

Zoom in:



Here’s a recap:

At the time, I said:

“On the 15 MINUTE CHART, there is an incoming BULL CROSS, which should push the price up. However, I expect the previous pattern of a small pump, dump, and then REAL PUMP to repeat. I believe it is best to stay out and wait for a dump before considering any long position.

I am expecting the following pattern to repeat:

1. SMALL PUMP
2. DUMP
3. BIG PUMP”

Now:


You may view my previously published idea:

What I plan to do: I intend to wait until the price testes the 8/1 Gann Fan line, as described above and look for a short trade. I take this one step at a time and only enter the trades that I want to enter. I intend to keep ignoring the noise from the market and the noise coming from everyone in the market. Balance is important. Protect your money and pick the trades you want to enter. Be systematic in our approach. There is no need to be Superman. Let's just get paid.

Once again, KEY WORDS: GET READY - THAT DOES NOT MEAN ENTER A SHORT NOW - IT MEANS GET READY.

REMINDER: TRADERS PLEAS REMEMBER THAT 7232 IS A HEAVY CHOP ZONE - AS I HAVE BEEN SCREAMING FOR WEEKS. DO NOT HOLD TRADES. ALL TRADES MUST BE IN AND OUT SCALPS ON LOWER TIMEFRAMES (1 MINUTE). DO NOT GET REKT.