BTC Correction Update

Extended wave ((C)) 5th leg. Makes more sense this way, I didn't like the way i counted it the first time anyway. I was about to throw in the towel on this TA until i realized that was probably ((C)) last leg down. I'm going long if downtrend is broken around 4350 region. Waves 3 and 5 of ((C)) also make a possible double bottom reversal pattern.

Buys @ 4350
Stop loss @ 4175
correctivewaveDouble Top or BottomElliott WavereversalpatternsTrend Lines

Related publications

Disclaimer