Not really much to explain here. Gann Box and Bibonacci tool alinging perfect on entry and exit. Imo definetly worth a shot. Send it back down after.
With Bitcoin aproaching new highs im confident the altcoins will follow soon. A great example would be TIA here reacting beautifully out of our High timeframe retracement levels. In my oppinion its not to late to accumulate spot / low leverage positions. Once we break clean above point A the sequence is activated and the rally is set to go.
In order to activate our Sequence here we need a clean break above Point A. Will we see it this week? Breakout imminent in my oppinon
We hit our Daily correction zone before the marked closed last friday, therefore a massive selloff was triggered. At the same time that activated our bearish ABC Sequence, looking forward to a run up into the red box and then further selling pressure followed by new lows this week
As mentioned in yesterdays quick rundown, EU came back down where it is looking for some strenght to finally break the downtrend. The correction zone i marked is where i look for longs, target would be the original sequence target, invalidation of my idea is marked aswell. Stay safe yall, happy pips!
Since Eu didnt want to correct after hitting our Turning area i anticipate its collecting liquidity in preperation for a bigger dump. Here are the key levels (grey boxex) im watching. Currently in no position. However we will enter SHORT when we tap into our topside box and when we correct down we will open LONG to fullfill the current ABC sequence or even start a...
First off sorry i didnt post yesterday Tradingview wasnt working in the morning. Now for our BTC idea, we fullfilled now our white ABC Sequence and hit the light blue Turning Area, from there BTC wasnt able to get a proper correction, resulting in a further dump. Now we are in a for me scary situation i dont wanna take a trade in, im looking to long out of our...
Following up my analysis of yesterday, we now reached our orange BC Box and got filled SHORT; therefore i canceled all longs. My Target for now is reaching the Orange TA area.
We got filled over night and are now positioned LONG, my main Target is the white Correction Level (CL) considering we have a unfilled price area in the same area, i can see a small pullback towards our entry zone here (Grey box) but my overall bias is bullish.
kinda curious if the bears can use the momentum of the orange correction zone to reach its TA (Turning Area), however with dollars current weakness and my bullish bias on spx i wouldnt be surprised to see bullish movement forming after tapping into the grey BC. The Bulls could use that momentum of BC to finally finish the grey sequence