For Bulls with Brass Balls...

Not for everyone. I take it in a small position with a stop under the 78.6. Structure is there, Algo's "will" be defending here. The Wave-2 had to come... It came fast but here it is... Nothing wrong with waiting for a higher low to form on the 15-min. I like it with a small position and powder dry to add on the first higher low. Upside is tempting to look at but keep your eyes on the down side...

Transaction en cours:

No low goes untested... but I would prefer to see this hold. If it does, then the Wave-2 is likely in and we're putting in wave-2 of the coming wave-3. We shall see...

Transaction en cours:

I'd tighten stops now, and a slight unclench... you know what I mean. Remember the 50% cuts both ways. That will be the resistance on the way up. Bears will be looking to add selling pressure there. Don't ya love this sh*t...

Trade fermée: ordre d’arrêt atteint:

So, if you moved your stop as I did, we're both out with a very small loser. Volume may start to dry up now on a Friday night. There's one last stand for Bulls and for a valid wave-2. We break that and we recalculate. Waves are constantly fluid (pun intended) and you can only react and adapt to them as they develop.
E-Wave is just a "potential" road map. The key is always the risk management. If you follow me, you and I have been stopped out twice today on Bitcoin but both with very small losers. That's the key to this business. Live to trade another day and another wave...