#WyckoffMethod #TapeReading #TrendAnalysis #Forecast #BitcoinSignals
As Bitcoin completes the 'Spring' action in Phase C of the 'Price Structure' which acts as the 'last test of the demand' price advances into Phase D of the trading range. We now want to see a 'Change of Character' with a 'major sign of strength' confirming Phase D and giving us the opportunity to locate another low risk entry point within the 'price structure'.
Entry 2 on this chart is the point at which the price action if it advances will return to the greater trend and if we are able initiate a position we can aim for at least a 3R return from the (presumed) price level of 'Entry Point 2'
As Bitcoin completes the 'Spring' action in Phase C of the 'Price Structure' which acts as the 'last test of the demand' price advances into Phase D of the trading range. We now want to see a 'Change of Character' with a 'major sign of strength' confirming Phase D and giving us the opportunity to locate another low risk entry point within the 'price structure'.
Entry 2 on this chart is the point at which the price action if it advances will return to the greater trend and if we are able initiate a position we can aim for at least a 3R return from the (presumed) price level of 'Entry Point 2'
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.