$BTC - Bull count looking awfully good.
Previous highs seem like a likely spot for some profit-taking, but ultimately I think the next drop is another buying opportunity. Current targets are around 100k.
Flat is the alternate, but looks shit on linear so I find it unlikely.
$BTC - one thing the bull count does have going for it currently is the slope of the 2nd move is greater than the first.
It's still lacking the volume & channel break but that can come.
If we see another larger flat pattern up here that would lend itself well to the 1-2, 1-2.
$SPX - went too deep there for me to think the contracting diag has the right look.
There's still a decent chance we get a nice bounce starting here - look for an impulse on the smaller timeframes to confirm.
Still just playing scalps and waiting for the count to reveal itself.
$SPX - Contracting diag and WXY have entered the chat.
Neither of them looks great on the $NASDAQ though, but the counts can be different, just the general overall direction should line up.
$SPX - Contracting diag and WXY have entered the chat.
Neither of them looks great on the $NASDAQ though, but the counts can be different, just the general overall direction should line up.
$SPX - was stopped in small profit on the original short.
Leaning leading diagonal now, should know if that's wrong relatively soon.
Looking to flip my scalp long into a short IF we get the SFP I drew out.
$SPX - either I'm wrong or we're putting in another deep 1-2, 1-2 here.
The idea already looks less probable. Above the the goldenzone and its toast and I'll take the stop at breakeven.
$BTC - I'd want to see it hold this golden zone if the running triangle count is correct.
Failure to do that and we're likely still in a much larger sideways correction.
$BTC - the triangle idea looks pretty good, but it's still yet to be confirmed.
Price has to break out strong here and close above the highs, otherwise we still have the flat possibility on the table.
@Manipul22263053@XForceGlobal Good EW analysts will often see the same counts.
I've had this triangle as my primary for over a week 👍
https://t.co/aY4Q7h23Pt
@Psibirskiy@Pdutchy1@mikeo24766606@TriggerTrades Ya I don't really have any issues with that move being a ZZ. The whole thing being a contracting diagonal at this point though doesn't make much sense.
$BTC - the triangle idea looks pretty good, but it's still yet to be confirmed.
Price has to break out strong here and close above the highs, otherwise we still have the flat possibility on the table.
$SPX - either I'm wrong or we're putting in another deep 1-2, 1-2 here.
The idea already looks less probable. Above the the goldenzone and its toast and I'll take the stop at breakeven.
$SPX - looks pretty 3rd wave-ish currently.
Needs to break the yellow box for me to feel confident we've put it in a significant pivot and are starting an impulse down.