Still no progress for Bitcoin

Hi traders,

Last week Bitcoin consolidated the whole week. The outlook is still the same.

Now we saw a 5 wave pattern up (which could be a leading diagonal wave 1) and a correction down. So we could see the next impulse wave after the finish of the correction.

Or we see one more impulse wave down and after that more upside.

Let's see what the market does and react.

Trade idea: Wait for the (corrective) move down to finish. After that you could trade longs.

If you want to learn more about trading FVG's with wave analysis, please make sure to follow me.

This shared post is only my point of view on what could be the next move in this pair based on my analysis.

Don't be emotional, just trade your plan!

Eduwave

EduwaveTrading

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