BTC Bearish Bowtie Diametric, Prepare for Much Bigger Correction
Hi guys,
Spotted this Diametric on the 1min actually, but can't post that short of TF on TV... even though it's really relevant.
Once we complete Wave-G (price is approximate, just look for 3 internal waves to complete, then it's over (two up, one down). We will continue the ABC correction down, down down.... Don't short here (yet).
Spotted this Diametric on the 1min actually, but can't post that short of TF on TV... even though it's really relevant.
Once we complete Wave-G (price is approximate, just look for 3 internal waves to complete, then it's over (two up, one down). We will continue the ABC correction down, down down.... Don't short here (yet).
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1min for clarity
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Time frame is approximately right, BTC has ~ 1hour left.
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My other idea using diametrics on ETHUSD, where the diametric was bullish. Very strong performing pattern
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As a guess, I've line up my G-Wave with a resistance line, and the time is approximately = to Wave-A and Wave-C. Expecting something like my light blue count for internal waves, but... who knows :).
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Likely entering Wave-C of G already
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Opening my short here if anyone is reading this bs
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Should be headed down now, I entered too soon. If the count is correct and this is a diametric, that is
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Having second thoughts about this now, isn't the explosive downwards move I was expecting to see... tread lightly
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Not a diametric I don't think, may play out still, but not for the reasons I thought.
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Idea did end up working, but I didn't allow enough time.
Lesson learned.
Lesson learned.