Trader Lab

2022-10-30 21:07:34 Hello everyone.

Hope you had a nice weekend.

I was supposed to come back tomorrow but I thought it would be better to look at the charts before the weekly close.

#BTC Up or DOWN next week?

#DOGE Is this the Elon effect?

#ETH What a nice run last week I have to say Open / Comment

2022-10-29 13:01:56 Phone update

Out of my short position

It wasn't a great idea to put this Short Limit order on a Friday while going out.

That's something I usually don't do but I guess I've been chasing this short trade too much.

Just taking a small loss is the best thing to do (divided by 2 my initial risk)

BEARS failed to take back control of the trend on a Friday.

The weekly close will certainly trigger further upside.

This is why I've decided to let go this short position. The rejection I was expected simply did not happen.

I also removed all the drawings that I've made this week.

I like to do that when my TA is off the line. I will also give myself a break from the charts until Monday.

Hopefully I'll come back with a fresh mind and without a strong bearish bias.

Have a nice weekend. Open / Comment

2022-10-29 12:50:50 Open / Comment

2022-10-28 18:24:25 Just got a notification that my SHORT position got filled at the gap mentioned earlier Not even home. I had set this position before going out in case the move would take place earlier.

It could be a wave 2 of some degree or I'm properly wrong and this is
the start of a sub-wave 3. Open / Comment

2022-10-28 14:20:49 I hope you enjoyed this exclusive ANALYSIS on TELEGRAM.

Enjoy your weekend.

I will see you on Monday. Open / Comment

2022-10-28 14:17:36 There is still a little chance for the BULL Case but without a catalyst I don't see happening to be fair.

ANYTHING CAN HAPPEN so let's stay open minded.

https://twitter.com/BTC_TradingLab/status/1585514298901667840 Open / Comment

2022-10-28 14:15:11 15m Price action that I'm seeing until Monday Open / Comment

2022-10-28 14:08:54 ABC irregular correction. Not the best case scenario because it means BTC will more likely see 12k in the future (When? hard to tell)

There is so much liquidity waiting below 17.6k level.

We are in a BEAR market. If we were in the BULL market I wouldn't stress this that much.

FIB LEVELS

61.8% (yellow fib) is the minimum projection for a wave C

123.6% and 138.2% are the frequent levels reached for irregular corrections

Notice that I'm expecting a small reaction rally after the SWEEP of our previous LOW back in June. Open / Comment

2022-10-28 14:04:07 Open / Comment

2022-10-28 14:02:19 I joined 2 counts for this long corrective pattern: ABC vs WXY (covered yesterday)

This pump very looks like a wave C in terms of personality (SWIFT)

I prefer the TRIANGLE even though wave B looks like a 5-wave move. Open / Comment