Bitcoin
Long
Updated

BTCUSD D1 Longer term view

996
Today I want to do a longer term view of a possible structure I can see. This analysis is of a running flat but expanding flat is just as possible therefore the 100fib in larger wave C will be corrected once larger wave B is completed.

On the lower TF's you can trade the next impulses, as of now that will be the wave C up in the larger B

1) I want to see the internal B wave structure to complete by price breaking below the yellow line (to put it simply)
2) Once yellow line is broken you can then draw a TL on the lower TF's and wait for TL break and bull flag to confirm more upside to come.

This is a longer term view so I will be updating this idea as price plays out on lower TF's with potential setups, if you wish to get notifications of updates it might pay to follow me.

If you have any questions about my analysis, leave a comment. If you have a different or similar idea share your link and lets discuss it.

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Note
H1 setup there's no bull div on H1 so experienced traders can sell the flag snapshot

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