BTC Loves to give long drawn out correction and looking at the price action we could get a more complicated correction before we get the larger impulsive C up on H1. No one know's exactly what corrective structure will form but this is basically what I'm currently looking at.
In my last M15 BTC idea I was looking for the simple ABC correction but price action simply not showing that now, so it make's it a little more difficult to trade. Checkout the idea to get the complete picture. (Link Below in related ideas)
M15 We are getting bullish divergence so you can take the TL break and get it to BE just in case it turn's out to be an internal C up completing the internal B wave.
M15 Chart.
D1 I'm looking for an X corrective wave up before we get the Z down because we don't have regular bullish divergence on the D1. Having said that we don't want to miss this buy on the lower timeframe's because we don't know if we will get the Z down for sure and the D1 correction may already be over.
BTCUSD D1 5 Swings down idea.
W1 Checkout my BTCUSD W1 C Wave Down idea to get the complete picture thank's, This idea is still to hit my target and need's the D1 Z down to complete the W1 structure.
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation of my free analysis.
Thank's to all the traders in advance that hit the thumbs for your support!
In my last M15 BTC idea I was looking for the simple ABC correction but price action simply not showing that now, so it make's it a little more difficult to trade. Checkout the idea to get the complete picture. (Link Below in related ideas)
M15 We are getting bullish divergence so you can take the TL break and get it to BE just in case it turn's out to be an internal C up completing the internal B wave.
M15 Chart.
D1 I'm looking for an X corrective wave up before we get the Z down because we don't have regular bullish divergence on the D1. Having said that we don't want to miss this buy on the lower timeframe's because we don't know if we will get the Z down for sure and the D1 correction may already be over.
BTCUSD D1 5 Swings down idea.
W1 Checkout my BTCUSD W1 C Wave Down idea to get the complete picture thank's, This idea is still to hit my target and need's the D1 Z down to complete the W1 structure.
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation of my free analysis.
Thank's to all the traders in advance that hit the thumbs for your support!
Komen:
So I went from a M15 idea to the H1 Idea that has now turned into a H4 idea because of the size factor of the correction. Get the latest details of what I'm looking for here BTCUSD H4 Wave C Up.
H1 chart.