BTCUSD Last leg down (guessing the waves count)
Dear Traders,
In this TA we are going to guess the wave count, since it looks like we are about to complete 5 waves down ending up anywere in beetween 6.4k USD (100% fib retracement of latest run up) and 6.9k USD (main support blue line).
A pump above 8.1k will invalidate this short idea.
These are only my thoughts, not trading advice, please make your own researches.
In this TA we are going to guess the wave count, since it looks like we are about to complete 5 waves down ending up anywere in beetween 6.4k USD (100% fib retracement of latest run up) and 6.9k USD (main support blue line).
A pump above 8.1k will invalidate this short idea.
These are only my thoughts, not trading advice, please make your own researches.
Trade active
Moving down, hopefully we will not go beyond 0.786 fibonacci levelTrade closed: target reached
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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.
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.