Doom and gloom forecasts everywhere I look, and they could be right. But if the bottom is in, could this scenario play out?
I'm still learning, so don't trade on this. Just imagining a contrarian viewpoint.
I'm still learning, so don't trade on this. Just imagining a contrarian viewpoint.
ความคิดเห็น:
I'm not throwing in the towel, yet.
We wicked off the .786 and settled on the .618 retrace lines before bouncing off. If you look, both 1 waves, the large and smaller, were mostly impulsive according to the Heiken-Ashi candles, both correction 2 waves were swift moves down as well.
I think tomorrow will tell. If we can get a big impulsive push upward, it could mark a reversal. Or a bull trap. Who knows...
Anyway, happy trading.
We wicked off the .786 and settled on the .618 retrace lines before bouncing off. If you look, both 1 waves, the large and smaller, were mostly impulsive according to the Heiken-Ashi candles, both correction 2 waves were swift moves down as well.
I think tomorrow will tell. If we can get a big impulsive push upward, it could mark a reversal. Or a bull trap. Who knows...
Anyway, happy trading.
ความคิดเห็น:
Wave 3, of wave 3, of wave 3, on the three-minute chart, gives us a target of somewhere between the $10,300 - $10,500 area. We'll see what happens. My stop loss is set and I'm going to bed.
ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน
Of course, BTC could roll over and die as well. Don't trade on my newb TA. My contrarian viewpoint continues though.