Update to BTC Corrective Triangle & Bearish Butterfly
Updated
BTCUSD hit my sell target perfectly for the ABC correction I posted a few days back. Before this downturn/correction I made a post about a bearish butterfly harmonic pattern as well, that has panned out. The final target on the butterfly is the 1.618 fib shown, and if this is infact a downwards impulse wave, a common target for the vth wave is 100% of wave 1, this fib extension is shown as well.
Target: $8000 (psychological resistance) and $7800
*THIS IS NOT TRADING ADVICE*
Target: $8000 (psychological resistance) and $7800
*THIS IS NOT TRADING ADVICE*
Trade active
Almost there, if we break $8000 it should go fast.Trade closed: target reached
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