Hello, everyone!
Last time we have been talking about the S&P500, that current bear market is not the true bear market – just a correction. I am waiting for the last leg down before the bullish trend. Today I found the very interesting formation which predicts this leg down.
Let’s take a look at the 1h timeframe of the BTCUSDT chart of the WhiteBit exchange. Here we can see the potential redistribution chart pattern. All Wyckoff events coincides with the textbook, but the main feature of the redistribution is the UTAD – fake breakout of the trading range. Now the LPSY is happening – the test of the higher band of the structure. If we will see the rejection form this level the scenario on the chart is actual.
Best regards, Ivan
Last time we have been talking about the S&P500, that current bear market is not the true bear market – just a correction. I am waiting for the last leg down before the bullish trend. Today I found the very interesting formation which predicts this leg down.
Let’s take a look at the 1h timeframe of the BTCUSDT chart of the WhiteBit exchange. Here we can see the potential redistribution chart pattern. All Wyckoff events coincides with the textbook, but the main feature of the redistribution is the UTAD – fake breakout of the trading range. Now the LPSY is happening – the test of the higher band of the structure. If we will see the rejection form this level the scenario on the chart is actual.
Best regards, Ivan
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Turn TradingView indicator & strategy alerts into automated trades on major crypto exchanges using no-code bots
Start free at skyrexio.com
Start free at skyrexio.com
相关出版物
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
