ETHEUR triggers the pocket pivotal point on weekly for the third time (teal bar).
The previous times this happens, eth drew a pennant on weekly and after making a new high it entered the real rally.
This could mean that we will need patience over the next weeks and can buy dips ones a pennant emerges.
Going to monitor this and update ones it becomes relevant.
The previous times this happens, eth drew a pennant on weekly and after making a new high it entered the real rally.
This could mean that we will need patience over the next weeks and can buy dips ones a pennant emerges.
Going to monitor this and update ones it becomes relevant.
Comentário:
we are officially in the consolidation phase
Trade ativo:
started to build position today
Comentário:
good chance for breakout :)
Comentário:
now we will see if history repeats
Comentário:
its about time
Comentário:
eth failed hard and went back down to the trendline.
I copied the fractal of the consolidation from the last two times this happens, adjusted by the size of the weekly bar and added the fib levels (fib levels applied only to the weekly bar).
If there is a dip, I am looking to enter margin longs near the 0.5 / 0.618 level
If there is no consolidation/correction I am happy with my spot position I have accumulated already.