â
PREVIOUSLY ON SHIBA
The 5 waves after 0.00000510 is over at 0.00008854, which can be counted as 3(lime)
ðĄ0...0
âïļ5waves(impulse)
ðĄ1...0.00003528
âïļlong zig-zag 3wave(correction)
ðĄ2...0.0000051(BUY)
âïļ5waves(impulse)
ðĄ3...0.0003528
âïļsimple 1wave(correction)*Rule of alternation
ðĄ4...?(BUY)
âïļ5 waves (impulse)
ðĄ5=above 0.00008854
ðĄA...?
ðĄB...?
ðĄC...?
â WHERE WE ARE
Given that 12(lime) correction was zig zag and long, 34(lime) correction should be simple and short.
As the previous idea, Fib(61.8) 0.00003697 looks like the good level to be bullish.
ðĄThe reason why we are on the bearish trend.
As long as the weekly candle is bullish, the daily trend is bullish as well.
Conversely, If the weekly candle is bearish, the daily trend is bearish as well.
*As long as 0.00008854 remains unbroken, this idea is valid.
ð Another Shiba
www.tradingview.com/u/waveslover/
ð Another Dog
www.tradingview.com/u/waveslover/
ðĄThe absolute principle for tradingðĄ
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKEððŧ AND FOLLOW MEâĪ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU ð
The 5 waves after 0.00000510 is over at 0.00008854, which can be counted as 3(lime)
ðĄ0...0
âïļ5waves(impulse)
ðĄ1...0.00003528
âïļlong zig-zag 3wave(correction)
ðĄ2...0.0000051(BUY)
âïļ5waves(impulse)
ðĄ3...0.0003528
âïļsimple 1wave(correction)*Rule of alternation
ðĄ4...?(BUY)
âïļ5 waves (impulse)
ðĄ5=above 0.00008854
ðĄA...?
ðĄB...?
ðĄC...?
â WHERE WE ARE
Given that 12(lime) correction was zig zag and long, 34(lime) correction should be simple and short.
As the previous idea, Fib(61.8) 0.00003697 looks like the good level to be bullish.
ðĄThe reason why we are on the bearish trend.
As long as the weekly candle is bullish, the daily trend is bullish as well.
Conversely, If the weekly candle is bearish, the daily trend is bearish as well.
*As long as 0.00008854 remains unbroken, this idea is valid.
ð Another Shiba
www.tradingview.com/u/waveslover/
ð Another Dog
www.tradingview.com/u/waveslover/
ðĄThe absolute principle for tradingðĄ
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKEððŧ AND FOLLOW MEâĪ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU ð