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
Turn TradingView indicator & strategy alerts into automated trades on major crypto exchanges using no-code bots
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
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
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.