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BTC/USD - Nice Pitchfork trade - oppotunity for Double Top trade

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Hello trader,
wisch you a nice day 💲


Smart Money ended this nice 5 wave move with a bad fakeout.
IMO we are hovering at the bottom of the double top, I'm going to trade the bullback SHORT!

Since we are way too far down for a decent correction (about 0.382 of the down move) I will be looking for a LONG at the 0.5 and Golden Zone!

syot kilat

I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.

➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️

Thanks for reading my ideas!
Dagangan aktif
Nota
Set my position to breakeven
Dagangan ditutup: hentian tercapai
breaeven :/
Nota
BTC has hit the target of the range exactly, now we have to wait and see how things develop
Nota
syot kilat
This upward movement was repeatedly supported by the 1h cloud....
Shortly we will get a sell signal
Nota
You should know I play on LTF IMO
Dagangan aktif
Cloud Verkaufssignal in 1h Cloud !
Kann das iel noch nicht bestimmen, aber werde meine Short-Position früher als 0,382 schließen und nach Long ausschau halten.
Nota
My position would be closed overnight in plus

Option1 : Falling wedge breaks from targets 0.618 marked in white or
Option 2 : we stay in the range (in green)
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BTC - FIB roadmap II - Fractal in play !

Looking at this post I see the channel has been right for many months....The breakout was also powerful and dynamic. Bears are sure to attack at 0.618

Bullish Option
syot kilat
Nota
syot kilat
1D also looks bullish
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Bear option, but IMO things are looking better for the bulls.
My Bearcount Idea is for the junk above 0786
syot kilat
Dagangan aktif
SHORT
Dagangan ditutup: hentian tercapai
small loss on LTF
Dagangan aktif
syot kilat
HaS
Nota
Bigger Picture
Nota
syot kilat
Nota
I would like to mention that all I post are just options and my own opinion!

Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
----but i let it run,yeah !!
Dagangan ditutup secara manual
Yess,man......good money
Beyond Technical AnalysisBTCUSDbtcusdshortBTCUSDTFibonacci RetracementTrend AnalysisWave Analysis

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