alternative count for bitcoin: bullish scenarioExtended waves are by definition extended. They are supposed to be hard as fuck to determine key reversal points as price keeps pushing higher and higher.
This is my most bullish scenario possible short term for bitcoin.
After that wave V is finished (coinciding with 5,((5) and (5).... i would expect a MAJOR BEAR MARKET FOR A SOLID PERIOD OF TIME.
But first, let the price go to mars b4 a massive landing comes ahead.
Bullsetup
Bulls are winning the raceWe saw a nice little pullback on previous post
then a huge reversal of 1.68 level
Higher TF Pennant pattern
Could see a retest of the top Trendline
Waiting to see if we get a retest of 1.7 key level
OR
It just keeps on pushing
Short term target:
We could possible see a wick of 1.7225 by the end of the week
Long term target @ 1.75
To complete a bearish Cypher
$YNDX Daily Chart + Trade Ideas$YNDX price action and options volume suggests its headed higher in a big way.
EURAUD: Long Opportunity with 3 TargetsEURAUD broke the downtrend. It is now pulling back to retest that trend with an advance pattern formation. These are usually good indicator to buy. I am expecting the retest of the weekly trendline. This is a swing trade. It is better to trade in between swings as well, with the intention of buying.
Pay attention on USDCAD 4HHere's my long setup on this pair. To keep it simple, I'll buy if price closes above the red and the blue line.