BTCUSD - I call this one, "The Wyckoff"

Trying to apply Wyckoff Accumulation theory to the BTCUSD range.
So far, everything fits perfectly.

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Still waiting for a retest of 4250$

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We are now in the corrective wave 4. There is still one last wave to come that should push us in the 4200-4400 range.

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Come on get there playa

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So far so strong.
I'm removing my limit sells from the 4200-4400 range.
Let's reevaluate when we get there and probably send some target north up to 5200$.

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Change of mind, let's not get greedy here.
I'm taking half my profit

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Glad I did.
Looks like the wyckoff accumulation is still in play.
If we follow the plan, next stop should be the spring at around 2800-2900$

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Sold the last 50%.

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When the meme inverse H&S that everybody is trading gets invalidated, this will plunge to support. Support won't hold and we will see a panic sell right into the spring.

Buying range: 2675$-2835$

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Don't fall for this pump. 3900$ is probably the max before the break down.
This makes for a nice cool off of the 4hr and 2hr time frame before the next leg down.

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We may have something here.
Possible retest of the 4200$ area.

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I take that back.
We are probably deep in the creek. Slow grind down before a violent push down to the spring.
This is gonna fizzle

Trade stängt manuellt:

This is not going to play out.