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Alternate

What if? Thank you @BitFinkBtc retraces quite deeply so.. It had happened in the past as well but I've never seen it repeated again.. So that's may be more anticipated now.. I'm just sharing what if to not be surprised and figure out what may happen next if i see some movements either bullish or bearish i want to be in profits that's all i care about I'm major bullish but it's still too risky for me to trade for 1M from 70k already not much juice to be honest.. But if it really retraces that deep as it had done earlier in the past it would be just what may be possible otherwise the herd is already expecting it to be 1M already.. And market makers control media to make herd believe and crush them.. That's why i never trade news it doesn't mean i don't acknowledge fundamentals of course i do in order to choose which count is more probable one either bullish count or bearish.. @BitFink knew this.. He's just out of this world that's okay.. I believe him. Do your own ta thanks not a trading advice.
BITSTAMP:BTCUSDShort
by alibadshah88
3
Alternate 'Short' View on EURUSD!Hi All, I am sharing an alt view on Eur short as it also makes sense from an EW perspective - my rule when it comes to analysis is to not rule anything out until it is unvalidated so this could also be in play. Alternative Short Count: Wave 1: Off the break of the triangle, there has been an impulsive wave down. Wave 2: I have this wave as a double ZZ retracing to 90% of the impulse wave 1 Forecast count: Next wave here would be wave 3 which would be be a massive decline of EUR and possible first target is 0.9745 which is 1.618% extension My action plan is to follow this retracement happening right now and watch the nature of the movements, i.e. corrective or Impulsive decline. Below are possible move that could play out. I have already taken a short position as per my last post so watching to see which of the below plays out. A) ZZ (5-3-5) B) Flat (3-3-5) C) Impulsive decline as wave 3 - This will be a brutal move to the downside if this count is in play so watching the nature of this is key In both counts a short is in play and both counts will close the gap also... Let's see what this week brings! Don
by donaldsaw
1
THE AUSTRALIAN ALTERNATE BATThe Alternate Bat pattern is a precise harmonic pattern. The pattern incorporates the 1.13 X to A retracement, as the defining element in the Potential Reversal Zone (PRZ). The B point retracement must be a 0.382 retracement or less of the X to A leg. The Alternate Bat utilizes a minimum 2.0 B to C projection. In addition, the AB=CD pattern within the Alternate Bat is always extended and usually requires a 1.618 ABCD calculation. I have used a 2.0 ABCD calculation in the AUDCAD to get a proper, tight PRZ. If the price comes in the zone, I suggest to watch price action briefly: 1. Wait till the candle closes INSIDE the PRZ, with both borders hit by the up and down wick of the closing candle. 2. Switch to a lower timeframe to execute the order when seeing a confirmation candle like a doji or a bearish engulfing. 3. I've set up 2 targets to cover half of my position at target 1 and I will set my stop-loss to break-even. The other half gets covered at target 2. May the pips be with you, ~ Chartist
by Chartist
4 HOURLY BEAR (ALTERNATE)Hi all, Alternate Hypothesis: "if price fails to complete higher highs, it will reasonable to assume that the subminuette motive structure has completed and to therefore expect a major trend reversal from recent orthodox highs at minor degree." Minuette wave c green is equal in length and quality of minuette wave a, within minute wave structure. Price is currently located at an unestablished negative trend line. This trend line alone would not hold much significance, however price is concurrently located in a zone of a long held and fairly reliable structural resistance. *Targets will be determined once this count is confirmed and position is live*
Short
by WaveAlchemy