Hello, everyone!
Let's take a look at the chart. On 1h time frame we have this big dump from
31K to $27k. There were no any corrections and Awesome oscillator tells us that it was the wave 3. During this weekend we have the bounce which looks like the wave 4. Anyway BTC price has formed even 2 bearish reversal bars above the Alligator with the nice angulation. I used the second one to enter my short trade. The idea here is to catch the wave 5. here we have the nice risk to reward because target area for wave 5 is inside the green box.
Best regards, Ivan
______________________________________
Subscribe now and never miss an update 👍
Let's take a look at the chart. On 1h time frame we have this big dump from
31K to $27k. There were no any corrections and Awesome oscillator tells us that it was the wave 3. During this weekend we have the bounce which looks like the wave 4. Anyway BTC price has formed even 2 bearish reversal bars above the Alligator with the nice angulation. I used the second one to enter my short trade. The idea here is to catch the wave 5. here we have the nice risk to reward because target area for wave 5 is inside the green box.Best regards, Ivan
______________________________________
Subscribe now and never miss an update 👍
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
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
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
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.