BTC Bearish Bowtie Diametric, Prepare for Much Bigger Correction

Jun 27, 2019

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).

Jun 27, 2019

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1min for clarity

Jun 27, 2019

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Time frame is approximately right, BTC has ~ 1hour left.

Jun 27, 2019

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My other idea using diametrics on ETHUSD, where the diametric was bullish. Very strong performing pattern

Jun 27, 2019

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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 :).

Jun 27, 2019

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Likely entering Wave-C of G already

Jun 27, 2019

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Opening my short here if anyone is reading this bs

Jun 27, 2019

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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

Jun 27, 2019

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Having second thoughts about this now, isn't the explosive downwards move I was expecting to see... tread lightly

Jun 27, 2019

Order cancelled

Not a diametric I don't think, may play out still, but not for the reasons I thought.

Aug 1, 2019

Trade closed: target reached

Idea did end up working, but I didn't allow enough time.

Lesson learned.