Shorts about to be squeezed and market participants likely get bullish straight into finish of wave "C" ;)
코멘트:
Bare in mind that even 7.6-7.7 is enough to complete flat. Doesn't have to go that high as marked on the chart.
코멘트:
Going with plan.
코멘트:
Some data not present on chart:
reversal zone is quite wide and around 8280-8650 so it might go little bit higher than marked.
reversal zone is quite wide and around 8280-8650 so it might go little bit higher than marked.
코멘트:
Target was hit
코멘트:
However we see that this is quite strond indeed and might overperform towards 9200 area. If it does, then it's more like ABC correction - not a flat one.
코멘트:
Market might retrace to 7.8 with quick crash anytime from now. Odds are not big but stay prepared.
코멘트:
코멘트:
Either with correction or without.
코멘트:
In case of correction it should be quick one with long wick.
코멘트:
Initial target were hit with precision up to 5$.
코멘트:
Inv about 10.45 stamp. Reveral zone is quite broad from 9 to 9.6, not looking for tops or bottoms as always.
Inv about 10.45 stamp. Reveral zone is quite broad from 9 to 9.6, not looking for tops or bottoms as always.
코멘트:
Measured target for H&S from bottom is around 9440. Dont get caught in bullish euphoria here. This is potential reversal zone which can result in great multi-day swing play.
코멘트:
Target hit with few dollars precision
코멘트:
However we expect that this might get pulled up for one more strike up.
코멘트:
Bottom is just rough estimation.
Bottom is just rough estimation.
코멘트:
Today is friday so cme close, if this doesnt get pulled to at least 8.7 before close - 7.9xx-8xxx visit might be on cards.
In this case the proper spike up we mentioned above might get delayed until next week.
In this case the proper spike up we mentioned above might get delayed until next week.
코멘트:
In theory area was areached, but timings might not allow this one to trigger (READ ABOVE UPDATE). Weak CME close will result in further selloff during the weekend.
코멘트:
CME Closed at 8.5, this is not bad and no good. Staying neutral.
코멘트:
As update: we're expecting market to make some new local lows then bounce towards target market in above chart (9xxx). The possible reversal zone is from 7950 to 8130.
코멘트:
코멘트:
코멘트:
Previous idea from update invalidated . Market should reach 9.6-9.8 after some pullback from 9.4
코멘트:
Worth to be aware of this line, while everyone will be watching 9.7 - the most obvious target.
코멘트:
코멘트:
We're leaving our long positions in this eclipse, if we get there
코멘트:
Channel to watch as well (btc likes to sometimes break to upside in euphoria stage)
코멘트:
코멘트:
We're closing 30-35% off long positions at around 10300-10430 zone.
코멘트:
Next TP zone at 10900
코멘트:
As we forgot to update: We currently refilled 30% around 9400 and are still expecting to reach 10900.
코멘트:
Change of plans. We scaled out of entire long position.
코멘트:
We'll be back to longs, only if market reclaims 10500 with strong close above.
코멘트:
Soon to be done, slight underpowerformance on top but expecting reach of 9150-9300. Anything below might signal deeper correction in place.
코멘트:
Target hit. Possible stop hunt before scenario below (to ~8.8).
Invalidation of scenario - 1D close below 8.75
Invalidation of scenario - 1D close below 8.75
코멘트:
Previous idea manually invalidated. New one:
코멘트:
코멘트:
Killing last idea as well although the inital target was reached.
Staying fully neutral for next days.
Staying fully neutral for next days.