BitcoinUpdated Elliot and BTC, Bearish ABCD
Bearish ABCD.
wave 1 - Goes unnoticed
wave 2 - Corrective
Wave 3- Biggest and explosive
Wave 4- Corrective
Wave 5- Final leg up
Now appears to be making a ABCD bearish pattern. The entry at upper line of wedge will provide a nice rr short trade. Currently holding long entry at 50243 .618 fibb.
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wave 1 - Goes unnoticed
wave 2 - Corrective
Wave 3- Biggest and explosive
Wave 4- Corrective
Wave 5- Final leg up
Now appears to be making a ABCD bearish pattern. The entry at upper line of wedge will provide a nice rr short trade. Currently holding long entry at 50243 .618 fibb.
Please like or comment.
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.