BTC Elliott Wave trade
This is my plan to entry for a short position on Bitcoin .
We have an running flat 4th wave and now it made 1st wave from a 5th wave to the downside. Also we may have a zigzag correction abc for 2nd wave that will bounce 0.854 fib retracement of wave 1 .
I will enter short below 4th wave that is a running flat pattern. Invalidation will be above 4th wave (21900).
I will keep update this trade setup so if you like it subscribe for future updates.
We have an running flat 4th wave and now it made 1st wave from a 5th wave to the downside. Also we may have a zigzag correction abc for 2nd wave that will bounce 0.854 fib retracement of wave 1 .
I will enter short below 4th wave that is a running flat pattern. Invalidation will be above 4th wave (21900).
I will keep update this trade setup so if you like it subscribe for future updates.
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.