BTC when correction start ???
Updated
first of all Good Luck with this trade and its really high risk but i need to give my opinion in this
i cant change my mind into btc !! actually it can go further more up by doing small corrections as the Fomo controlling traders .. but as TA i cant lie and say that this Scenario is not valid .. its the most scenario i am convinced that it would happen after counting all waves and sub-waves!!
0.382 Fib levels which is most places btc likes to retrace is the legit point which wave 4 has ended >>> EW rules (correction mostly can go to the 4th wave lowest point)
Extension could be go more down to 0.5 fib
so if u want to short this you can but with small leverage up to 5x and stop loss above the 4217 area which is the start of the correction waves
Targets on chart
Best of Luck
i cant change my mind into btc !! actually it can go further more up by doing small corrections as the Fomo controlling traders .. but as TA i cant lie and say that this Scenario is not valid .. its the most scenario i am convinced that it would happen after counting all waves and sub-waves!!
0.382 Fib levels which is most places btc likes to retrace is the legit point which wave 4 has ended >>> EW rules (correction mostly can go to the 4th wave lowest point)
Extension could be go more down to 0.5 fib
so if u want to short this you can but with small leverage up to 5x and stop loss above the 4217 area which is the start of the correction waves
Targets on chart
Best of Luck
Trade active
Trade active
first target reached .. u can close 50 % of contracts and stop at 4000 for longers start accumulating from 0.382 to the way down to 0.5 fib as shown on chart
your targets will be updated once we reach all points
good luck
Trade closed: target reached
who closed .. congrats for the profits and now we gonna enter longs from 0.5 fibs as we said above for these targets
3900
4121
4265
4450
4800
take your profits on each target and stop on previous one ..
if u enter from 3750 and price went up to 3900 close 20% from your bag and stop loss on entry
2nd target reached lets say then close 20% and set stop on 1st target
here is a hint many of you missing it
be aware using more than 10x leverage considered as a high risk trade called gambling
this is a market none can expect the exact points but im trying to give you my visions depending on experience and education
one opposite candle could REKT you .. so use the small leverage to stay safe
Good luck and dont forget to hit the like bottom .. it helps me to continue helping people as much as i can
Trade active
i forget to tell you that your stop will be under the 0.5 fibs as on chart which is 3550
and please dont use more than 10x
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