BTC Long / Short

17 févr. 2020

I believe we have finished the 5 wave structure up, we are now currently in the ABC correction process - we have completed wave A and are beginning to start wave B on the way up to $10,200 (notice there is a gap on BTC futures to $10,400 so it may go a little higher to fill the gap). Once the B wave finishes around $10,200 which I think is likely, from there I believe the right move would be to short BTC with a few targets in mind: 1) 1:1 extension of wave A ($9,150). 2) 1:1.236 extension of wave A ($8,900). 3) 1:1.618 extension of wave A ($8,500).

Agree or disagree? Thoughts? Comments? All is appreciated!

Thank you

19 févr. 2020

Note

Party time

26 févr. 2020

Transaction en cours

1st target reached. That's a win in my books.

26 févr. 2020

Transaction en cours

2nd target reached.

28 févr. 2020

Trade fermée: cible de profit atteinte

All targets have been reached.