So it seems after the Federal Reserve promised to do unlimited Quantitative Easing as well as the passing of the congressional corona virus stimulus bill SPY and others such as DJI have pulled off a massive rally within this week. However I am sure this is nothing more than just dead cat bounce relief rally. I am looking to go short or buy some Puts in the...
The teal 99 EMA will be confluent with the .886 on this harmonic pattern. I will be taking a long position at this point if we get at least a 4hr candle close here. This pattern and entry will become invalid if BTC does not bounce off the 99 EMA. The "D" point of this pattern could be the 786 or 886, if BTC continues to consolidate as it has, then it will likely...