Let's see if Bitcoin wants to make a bigger correction down

Hi traders,

Last week Bitcoin did exactly what I said in my outlook. It finished the triangle and went right to the take profit area. After it broke the previous ATH it dropped immediately and now it's slowly going up again.

So next I want to see it to make a bigger correction (another drop) to take out the late buyers. After that it could go up again.

Let's see what the market does and react.

Trade idea: Look for buys after the finish of a bigger correction.

If you want to learn more about trading with SMC/ ICT and wave analysis, please make sure to follow me, give a like and respectful comment.

This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.

Don't be emotional, just trade!

Eduwave

EduwaveTrading

🆓 Check my IG posts for free education
💯 Learn to trade my plan based on FVG's and wave analysis with my e-book, inclusive in my VIP Discord: eduwavetrading.gumroad.com/l/vipdiscord
🔥 Other (free) products: eduwavetrading.gumroad.com

Also on:

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.

EduwaveTrading

Also on: