Trassos

Elliott Wipe-Out

Corto
Trassos Actualizado   
COINBASE:BTCUSD   Bitcoin
Context: G20, Google Ban and Tendency. From Indecision to bearish. This means dense correction and agglomerated 4~5 on this impulse.

Clues: This long correction have been fighting res. and sup lines and traded below Wave A.v. So we expect this to be another impulse down.

Aggression Level: Lots of attacks on Price Action, expect players trading truly aggressive. Whipsaws alert: Dragon.

Play: Short on C.ii peak, strengthening position half way to STOP.
Position: 8450~8650
Take Profit: 7600~7300
Operación activa:
It gonna for a test of that sup. too early. Only 1/3 of my position was filled. This shows that in the general context we are much more bearish than expected. This sentence may be confirmed by an even earlier breakout of that sup. at ~7860.
Operación cerrada manualmente:
RSI got too oversold on 1h+.
Operación activa:
As prices fallen to fast and RSI got too oversold, btcusd bounced on our 7850 cluster support back to a area where we can start our positioning once again. Context is the same, EMA55-close being respected as a trend line.
Operación activa:
Second bullish rally without volume, first orders filled.
Operación activa:
Failed Swing on the 8400 cluster. We are probably reading south now.
Operación cerrada manualmente:
Finally after a extended period of distribution they gonna let it sink. Will this new short extension have any relation to that? Mind your game.

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