I think We are in ABC Correction wave
Price decreased more than 50% of the previous up-Trend in less than 38% of time.
145 bars => 53000$ to 70000$
29 bars => 70000$ to 61500$
it shows the current down wave, should be A from ABC.
Please Do not trade based on this.
145 bars => 53000$ to 70000$
29 bars => 70000$ to 61500$
it shows the current down wave, should be A from ABC.
Please Do not trade based on this.
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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.