BTCUSDT Monthly, Weekly, Daily - we re in the decision zone
BTC is in the decision zone again.
If "A" fails on weekly, we will see "B" and if it holds, "C" and above are highly probable.
No need to freak out over lower time frame wicks. Weekly time frame is the key here. HTF trends are harder to reverse.
If "A" fails on weekly, we will see "B" and if it holds, "C" and above are highly probable.
No need to freak out over lower time frame wicks. Weekly time frame is the key here. HTF trends are harder to reverse.
Comment:
and just in case :)
Comment:
Lets look at the monthly
and now, the weekly and daily will make a even more sense.
and here is updated D for closer look, how it all fits to HTF structures
and now, the weekly and daily will make a even more sense.
and here is updated D for closer look, how it all fits to HTF structures
Comment:
And here we are, struggling below 0.618 level.
Comment:
Update is in the comment. It's actually a update for the September 7th post.
www.tradingview.com/...n-the-decision-zone/
www.tradingview.com/...n-the-decision-zone/
Trade closed: target reached:
"If "A" fails on weekly, we will see "B" *OR* if it (A) holds, "C" and above are highly probable.
Hopefully, it's clearer now.