Ethereum / BitcoinShort
EW 1D - ETHBTC@POLONIEX Complex correction 01/06/16
Updated
ETHBTC is going through a correction wave that because of its internal structure looks like a doble combo correction with a final target on the 0.009 zone.
We recommend close short positions at 0.0165 zone and take short position again when de b (circle) wave ends, what has to be defined later. Targets for next trade spots are not reliable.
We recommend close short positions at 0.0165 zone and take short position again when de b (circle) wave ends, what has to be defined later. Targets for next trade spots are not reliable.
Trade active
Partial close is recommended at this point. Bullish correction is expected in 3 sub waves. This will confirm the last target of C (circle) wave. 
Related publications
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.