Wavema

BTC10th july

Long
Wavema Mis à jour   
BITMEX:XBTUSD.P   Bitcoin
Nice wake up today, +7% profit on binance ! It's going up faster than expected.
Check:
D: 5 green vol candle in a row. Very bullish !! 3 candle increase. today candle in process
13 300 - 13800: there will be some resistance here may be, but nothing special. I don't expect yet a fast grow here. Probably a slow up. Once above, it's blue sky, it will push faster.
ATR slowly decrease, it's OK fight is done.
4h: price action broke the ascending triangle. nice vol candle for the breakout. It's perfect

Plan of the day:
- hunting bullish patterns for bitmex trading
Commentaire:
Obviously I don't know what to apply. Trend wall or S/R. The stage 2 of hyperwave is not over. So, targets and duration will change probably. It will be higher than expected.

Commentaire:
Got it !!!
Let's be simple. There is one trend wall S/R. Place parallels, and it's OK. BTC's touching the ultimate resistance. So.. It's not time to add more. There will be some pullback/ bullish pattern here. Duration: 1D ? I have time to buy next pattern breakout.
Target has changed a little too. 16k it's the next target. ultimate target of this hyperwave would be 18k
I will use 15-30mn TF to see what's happening in details. But big view of the day is that
Commentaire:
Behavior expected for today:
Commentaire:
Perfect !
Trade fermée manuellement:
I took my profit. 6% And wait. This is the big picture.
Commentaire:
This push up was too soon. I expected it later. It's why I'm cautious. Market is never obvious. It's the ultimate resistance. All is going to be fine and easy ? I doubt. I'm happy, another winning trade, nice profit. So... Don't be greedy :)

1) it not going down at all. OK... I'll buy the breakout, I'll miss only 2% trade. But in security.
2)It's going down: I rebuy. But I don't have any idea now how far it will go. In any case, it's good for rebuy opportunity
Commentaire:
I place the trend wall, and I let the chart develop, wait something appear
Commentaire:
Commentaire:
2 options: buy the breakout. Or buy the dip near the orange EMA (if there is a shakeout)
Commentaire:
target reach, reloaded !
Commentaire:
OUCH !
Commentaire:
I'm stupid. I forgot to watch ETH to have another point of vue
Commentaire:
I misread my leading fractal.
This is the adjusted plan. I'll have to wait, because, I'm trapped above. I did a mistake. I didn't wait the end of the dip.
Commentaire:
I hold my BTC.
Commentaire:
For my own education, this is a failed breakout:
Commentaire:
vol increase. Big push up, but... failed. More and more red candle.
Commentaire:
I'm trapped only 2% above. It's not a lot. And a rounded bottom is forming. Nice, it may go up now
Commentaire:
First nice green candle. Rejection ?
Trade fermée: ordre d’arrêt atteint
Commentaire:
I loss my 7%. Why ? Because I didn't place a stop loss under the support near 12k. And I expected a bounce. NO trading is recongnize a pattern, entry, stop loss, exit. That's it. Don't hope and pray some prediction will happen
Commentaire:
Double top + 7 1h red vol candle in a row !!!!! A bounce will happen soon. But there is something new now. Just wait some clean situation. It's storm now.
Transaction en cours:
Commentaire:
It's a too big too quick correction. They let the price drop freefall. The last time I've seen that in the past... it leaded to a very nice up.

Price hit 2 trend wall. I bought back 4% under my previous position
Commentaire:
My tomorrow plan
Clause de non-responsabilité

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