Boon2

BTCUSD Detailed Analysis From D1 to M15 (H4 Chart)

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Boon2 Actualizado   
BITSTAMP:BTCUSD   Bitcoin
I have this Idea as long as the larger impulse is to the upside but I expect a little more downside.

D1 There is two scenarios right now, the first is we get the larger internal ABC as in my last D1 idea or were in the D1 wave B now and once this downside is over were off to break the top. Either way the larger impulse is to the upside and if your looking for the buy for that larger impulse up you may want to sit on the side lines until we get a clearer picture. Checkout my D1 Lager B Wave Structure idea
H4 My last two H4 idea's all targets were hit so if you took those trades you would have done really well. Now on H4 like on the D1 there is a couple of scenarios,
1st) Wave Y is over (not confirmed) and we get X2 then a Z wave down and then we go and break the D1 top.
2nd) Wave Y is not over and we get the H1 wave C down (most likely) then the 1st scenario comes into effect.
3rd) We get H1 wave C down completing H4 wave Y and then we either get that as all the correction and were off to break the D1 top or the D1 larger internal correction (see D1 Idea)
My last two H4 idea's H4 Larger Correction and H4 Bear Hidden Divergence

As you can see nothing is clear on the H4 timeframe and that is the soul purpose of me putting out this Idea, If your not a competent trader you will need to wait for a clear setup.

H1 We have wave A down and price action looking corrective, I'm currently looking at this possible structure and we get the larger C wave down, where wave C ends is anyones guess so price may just break the low of wave A and thats it so the short will be rather risky but you could give it a go once there is a setup and move to BE as soon as the low of wave A is broken. Take into consideration of H4 1st scenario!

M15 Were forming another risky bullish flag, If you took my last M15 bullish risky flag idea you would have either moved to BE or you took a small hit. I don't call them risky for no reason. You can take the flag break but you will need to move to BE once the top is broken because price could just break the top then fall over for the H1 wave C down.

I will update this idea as more data becomes available.

Good luck and trade safe!

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Comentarios:
H1 Great Trading Opportunity. Checkout the idea thanks to get up to speed on the H1.

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