BTC must hold this level in order to confirm the Bull move. Otherwise, BTC will go much lower. Pay attention to this area of interest.
Analysis - Let's do it again - Drop in coming - If price enters the 'RED ZONE' Risk:Reward will be 1:4. 'Diamond' FIB ABCD. let's go!!
When will the fall stop? Not anytime soon? It Can't Go Any Lower - It Can't Go Any Lower - don't try to caught a falling knife. Go with it! We may get pull back or correction but there is more downside. Trailing stops are in order. Ride the trend down after a pull back?
UK100 is 'busting accounts'. Now it is time to get some payback? Price is hitting upper resistance. Risk to Reward is insane.
BTCUSD - Bitcoin to move in major way. May 'stop hunt' one more time before move up so proper risk management is in order. Maybe consider entering on the dip lower but not beyond the 'A' point. TP levels identified for first major wave. Let's decode the coin.
The ABCD 'Diamond' has completed (Diamonds are Forever!! even on US30). Major correction anticipated. Lets see what pattern forms at the areas of interest. Then lower targets in play for correction.
BTC is in the area of interest. If it is going to launch it may launch from this zone. Lets watch to see what patterns form around the area of interest. BTC also completed another FIB ABCD (Dropping Diamonds!! lol)
BTCUSD entering the golden zone!! - Looking for long near 'Area of Interest' levels. Watch and see what patterns evolve in these areas. Is it cryptic or can we unlock the code? LOL
XAU is moving toward longer term 'D'. Big Diamond in play (Fib ABCD pattern).
When UK100 moves, it moves Big - Big Losses - Big Wins. Is your psychology right for this pair? Well it time to 'mine for diamonds' (Fib ABCD patterns). We hit a deposit. So let's fill our buckets and get out of here!! Let's see what pattern forms at this area of interest 'C'. Then, we will see if it tunnels over to 'D'. Remember - You only need a small...
Could be a great example of a pattern within a pattern. Counter trend ABCD long within the corrective pattern. Then, expect continuation short to longterm 'D' point. OANDA:XAUUSD