Korastiz

BTC Bearish Bowtie Diametric, Prepare for Much Bigger Correction

Kort
Korastiz Uppdaterad   
BITMEX:XBTUSD.P   Bitcoin
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).
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1min for clarity
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Time frame is approximately right, BTC has ~ 1hour left.
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My other idea using diametrics on ETHUSD, where the diametric was bullish. Very strong performing pattern
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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 :).
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Likely entering Wave-C of G already
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Opening my short here if anyone is reading this bs
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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
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Having second thoughts about this now, isn't the explosive downwards move I was expecting to see... tread lightly
Order avbruten:
Not a diametric I don't think, may play out still, but not for the reasons I thought.
Trade stängt: målet nått:
Idea did end up working, but I didn't allow enough time.

Lesson learned.
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