BTC USD idea - time to cool off a little.

Updated

Please use this as a reference to help inform your trades.

However, this is not trading advice. everyone must do their own due diligence and make their own decisions.

I just hope to provide my own perspective.

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looks like we are going for the 0.5 fibo

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hit the 0.5 fibo and reversing for the short term. Not a fan of the whole head and shoulders thing but might be forming it as wave B and completion of wave C.

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Haha well that was fun hit 618 fibo as my chart predicted. Scrapping the abc idea for now. It may just recover from here to a new ath. Similar to china fud drop.

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watching for a short term reversal at 16000-17000 area.

Might have a short leg wave 3 down but not as extended. Similar to when china fud happened.

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going right according to plan for wave 3 down. watching carefully for reversal signals at key supports to enter my long position

Trade closed: target reached

Lol reached all the low supports - Funny how the fibo levels worked out.

qedbeech

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