Getting Bitcoin ready for the 5k.
Diupdate
Currently out of position
I have 2 straight targets. Both in dark blue color line. Now the road to target number 1 is very unclear to me. So is the road to target 2 of course in this point but it will get clearer when the time comes. Now we will hit target 1 possibly even within this week but i will not get a long position from this point. If for some reason we retrace to 6940-6760 levels i have laddered buy orders waiting but i doubt it will and i remain out of position until we reach target nr 1. When target 1 hits i will be in short position
You have seen the bigger picture where we are in large A wave finishing it's 5th wave ending diagonal. The bottom of that diagonal is target nr 2 which is also our main target. Now this will be a long swing scenario if the count doesnt invalidate. If we go above 8200, we will go atleast to 10k and then this whole scenario is invalidated.
MY CURRENT POSITION: OUT
TARGETS (In that order):
Target 1: 7940
Target 2: 5060 (MAIN TARGET!)
I have 2 straight targets. Both in dark blue color line. Now the road to target number 1 is very unclear to me. So is the road to target 2 of course in this point but it will get clearer when the time comes. Now we will hit target 1 possibly even within this week but i will not get a long position from this point. If for some reason we retrace to 6940-6760 levels i have laddered buy orders waiting but i doubt it will and i remain out of position until we reach target nr 1. When target 1 hits i will be in short position
You have seen the bigger picture where we are in large A wave finishing it's 5th wave ending diagonal. The bottom of that diagonal is target nr 2 which is also our main target. Now this will be a long swing scenario if the count doesnt invalidate. If we go above 8200, we will go atleast to 10k and then this whole scenario is invalidated.
MY CURRENT POSITION: OUT
TARGETS (In that order):
Target 1: 7940
Target 2: 5060 (MAIN TARGET!)
Catatan
Target update:MY CURRENT POSITION: OUT
TARGETS (In that order):
Target 1: 7060-6860 (Laddered buys to go long)
Target 2: 7710 – 7940 (Will be defined more accurately after Target 1 aquired), Flip to Short
Target 3: 5060 (MAIN TARGET!) (Will be closing short at 5500 and going flat
Catatan
Target updateMY CURRENT POSITION: OUT
TARGETS (In that order):
Target 1: 6870 (Laddered buys to go long 6985-6885)
Target 2: 7790 (Will be defined more accurately after Target 1 aquired), Flip to Short
Target 3: 5060 (MAIN TARGET!) (Will be closing short at 5500 and going flat
Catatan
Catatan
MY CURRENT SWING TRADE POSITION: No positionTARGETS (In that order):
Target 1: 6880 (Laddered buys to go long 7085-6985-6885). NO HIT! No profits/losses. STILL POSSIBLE !!!!!!
Target 2: 7790 Enter to Short.
Target 3: 6280-6170 ( Close current short at 6300ish, Flip to long)
Target 4: 6750-6950 ( Close and flip back to short from target 3 at this range)
Target 5: 5060 (MAIN TARGET!) (Will be closing short at 5500 and going flat) everyone
Catatan
Seems to me that we are after all getting target 1. Nice bearflag broken. Clearer in 5 min chart. it points just below 7k. 6990Heading to sleep. Let's see what we have by morning
Catatan
MY CURRENT SWING TRADE POSITION: SHORT from above 7700 TARGETS (In that order):
Target 1: 7080 (Laddered buys to go long 7085-6985-6885). NO HIT! No profits/losses
Target 2: 7710 Enter to Short. HIT! No profits/losses. Entered short
Target 3: 6280-6170 ( Close current short at 6300ish, Flip to long)
Target 4: 6750-6950 ( Close and flip back to short from target 3 at this range)
Target 5: 5060 (MAIN TARGET!) (Will be closing short at 5500 and going flat)
Catatan
Even 8k is still possible. I have still short fills waiting at 7800-8100 levels. Next target is naturally target nr 3Catatan
Stopped. This scenario made -5,12% lossesNext one published.
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