$BCHUSD 4H UPDATE - 08/07/2018
Bitcoincash preferred view is a FLAT from 1,574.37 high that ended at 650.00. From there, a cycle is ended at 831.00 and while above 650.00, we should see higher.
There is no setup in BCHUSD at the moment. I'd like to see the structure of purple 1 and either buy the correction if structure is a motive 5 waves otherwise buy the correction in 1h after bullish sequence is confirmed (purple 1 in place, purple 2 in place and break to new highs as usual).
Invalidation to the upside is 650.00 and more importantly 599.49
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Bitcoincash preferred view is a FLAT from 1,574.37 high that ended at 650.00. From there, a cycle is ended at 831.00 and while above 650.00, we should see higher.
There is no setup in BCHUSD at the moment. I'd like to see the structure of purple 1 and either buy the correction if structure is a motive 5 waves otherwise buy the correction in 1h after bullish sequence is confirmed (purple 1 in place, purple 2 in place and break to new highs as usual).
Invalidation to the upside is 650.00 and more importantly 599.49
Reminder: Don't forget to like, comment or subscribe to the channel. It helps me a lot to continue to post content. Much appreciate it.
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
Commentaire:
4H ASIA UPDATE - 11/07/2018
new low in 1h is set to challenge 650.00. I don't like it here anymore and would stay aside.
new low in 1h is set to challenge 650.00. I don't like it here anymore and would stay aside.
Commentaire:
4H ASIA UPDATE - 13/07/2018
It's tough to see but as long as invalidation level is not taken out, view remains unchanged. However, I won't trade this because chances are 50-50 now.
Bulls must fight here otherwise, the 4h and daily will turn very bearish
It's tough to see but as long as invalidation level is not taken out, view remains unchanged. However, I won't trade this because chances are 50-50 now.
Bulls must fight here otherwise, the 4h and daily will turn very bearish
Commentaire:
4H ASIA UPDATE - 16/07/2018
I have the break is RIS that I wanted. Now, we can start to put the foundation for what is coming next. This coming week or next one should provide opportunity.
The 4h reminds us that the road will be long here. So patience.
I have the break is RIS that I wanted. Now, we can start to put the foundation for what is coming next. This coming week or next one should provide opportunity.
The 4h reminds us that the road will be long here. So patience.
Commentaire:
4H ASIA UPDATE - 18/07/2018
expecting at least one more high before correcting all cycle from the lows.
expecting at least one more high before correcting all cycle from the lows.
Commentaire:
4H ASIA UPDATE - 19/07/2018
view unchanged but caution is required here as we may be in 3 waves to the upside and that is corrective. will explain in video and find best instruments to trade here
view unchanged but caution is required here as we may be in 3 waves to the upside and that is corrective. will explain in video and find best instruments to trade here
Commentaire:
4H ASIA UPDATE - 21/07/2018
cycle from 662.90 low has ended but in what degree. Caution is going long in the 1h chart.
cycle from 662.90 low has ended but in what degree. Caution is going long in the 1h chart.
View unchanged but count modified into lower degree.