BTCUSD -bear scenario (Bull scenario @ my profile)
I am not inline with this. But as a reversal Elliott Wave trader I always draw scenarios because this strategy is a double edge sword. Only having 1 bias is not ideal. Basing on market psychology on my experience if we break this trend line likely it's a bull run. On descending/ascending triangles it often forms a new trend rather than fakeouts like this.
Regardless of how contradicting my statement to the chart. This is still possible. Fake out because a abc 535 is needed. Or maybe it ends elsewhere.
Regardless of how contradicting my statement to the chart. This is still possible. Fake out because a abc 535 is needed. Or maybe it ends elsewhere.
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.