BTCUSD Corrective Count (H4)

29 ม.ค. 2016

Based on the reverse divergence on the D1 chart it's more likely for BTCUSD to move higher. With that assumption the upside target would be a minimum of $429.80 with higher prices being likely. Once the WC completes expect a final leg down that targets $320. If it's still bearish I expect $260 to be tested.

6 ก.พ. 2016

การซื้อขายยังคงดำเนินอยู่

Going long with stops below the market. See updated imagine in the attached note.

6 ก.พ. 2016

บันทึก

7 ก.พ. 2016

ออร์เดอร์ถูกยกเลิก

Cancelled the order since price is below a critical level. I'll re-enter longs above 381. The risk is the lowest to enter here however. It still presents an excellent RR trade.

18 ก.พ. 2016

บันทึก

Moving nicely towards target...

18 ก.พ. 2016

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

Expecting a correction from this level. Since it's 90% to the target it's better to exit now.

18 ก.พ. 2016

บันทึก

My bullish target is still $451. Looking for a correction to add longs.

21 ก.พ. 2016

บันทึก

We are either at a top or about to have a correction. If this isn't the top then expect $451 before any possibility of a reversal.

21 ก.พ. 2016

การซื้อขายยังคงดำเนินอยู่

Shorted at the top, posted late but I indicated before $451 was my entry for shorts. Exit 1/2 at profit, exiting the rest @ $420. This will either be the high or we have one more leg higher. Will be building shorts from here on in. If it's bearish $320 is the minimum target. Good luck.

23 ก.พ. 2016

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

Exited remaining 1/2. Still much more downside potential however there's a likely leg higher coming. It's unclear if the expansion wave will make new highs. I'll be looking to enter larger positions on this rally.