BTCUSD: Elliott Waves Intraday Trading
And yet, the price rose within the framework of past assumptions (tradingview.com/chart/BTCUSD/n6OvxQ0Y-BTCUSD-Elliott-Waves-Intraday-Trading/), regarding reaching the level of $21,890.
I did not open a short position, because there was a significantly higher upside risk under yet another trading plan.
For now, I'm waiting for the situation to clear up and I'm in the mood to sell; however, I do not exclude that the price dynamics may make adjustments and the growth will continue within the framework of another model (I do not publish it yet, but I track it).
In general, I constantly have at least 2-3 trading plans that have different characteristics and entry levels. This allows you to be flexible in any conditions.
Now, I'll be waiting for the familiar patterns for the decline. In addition, I will closely monitor the formation of bullish patterns and, if they appear, I will move within the framework of bullish scenarios.
Best Regards,
CEO Tornado Capital
I did not open a short position, because there was a significantly higher upside risk under yet another trading plan.
For now, I'm waiting for the situation to clear up and I'm in the mood to sell; however, I do not exclude that the price dynamics may make adjustments and the growth will continue within the framework of another model (I do not publish it yet, but I track it).
In general, I constantly have at least 2-3 trading plans that have different characteristics and entry levels. This allows you to be flexible in any conditions.
Now, I'll be waiting for the familiar patterns for the decline. In addition, I will closely monitor the formation of bullish patterns and, if they appear, I will move within the framework of bullish scenarios.
Best Regards,
CEO Tornado Capital
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