Hi All,
#ETHBTC #ETH
Just looking at this current range and its obvious that from a 2 perspectives, why this will consolidate.
a) Wyckoff SOS - BU/LPS stage
b) Macro Fib 0.5 level
c) Elliot wave count (Wave 2 to 3)
With the Wyckoff strategy, this will be a sideways range and it might have completed and the confirmation is the breakout of this level.
With the Inverted Head and Shoulders approach, we have more to go (UP)
With the elliot wave count, we did our ABC and now looking to do 1, 2, 3 wave or possibly wave 3 to 4 which would take longer.
Using the bump and run strategy, our macro target is much higher.
SUMMARY
Short term, we are to break this soon (might still range a little) and then head for the next target or the fib 618.
Please give me a like and a share or even better, join our community.
All the best,
S.SAri
FIB LEVELS
Wyckoff approach
PREVIOUS POST
#ETHBTC #ETH
Just looking at this current range and its obvious that from a 2 perspectives, why this will consolidate.
a) Wyckoff SOS - BU/LPS stage
b) Macro Fib 0.5 level
c) Elliot wave count (Wave 2 to 3)
With the Wyckoff strategy, this will be a sideways range and it might have completed and the confirmation is the breakout of this level.
With the Inverted Head and Shoulders approach, we have more to go (UP)
With the elliot wave count, we did our ABC and now looking to do 1, 2, 3 wave or possibly wave 3 to 4 which would take longer.
Using the bump and run strategy, our macro target is much higher.
SUMMARY
Short term, we are to break this soon (might still range a little) and then head for the next target or the fib 618.
Please give me a like and a share or even better, join our community.
All the best,
S.SAri
FIB LEVELS
Wyckoff approach
PREVIOUS POST
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This community has signals now but with no risk management comms.
