Bitty putting in an impulse
What up guys?
Haven't charted in a while. Got a quicky here for you.
Bitcoin making an impulse, currently finishing wave four. Simple as that...
Wave 3 hit most likely target at 1.618 fib of wave 1, and wave 4 has made an adequate retrace. Could go a bit lower, invalidation is at 55,400
Initial targets for wave 5 would be 59.500 to 60.000 area. Then we may get pull back for reloading or continue down. Will reevaluate in due course.
Haven't charted in a while. Got a quicky here for you.
Bitcoin making an impulse, currently finishing wave four. Simple as that...
Wave 3 hit most likely target at 1.618 fib of wave 1, and wave 4 has made an adequate retrace. Could go a bit lower, invalidation is at 55,400
Initial targets for wave 5 would be 59.500 to 60.000 area. Then we may get pull back for reloading or continue down. Will reevaluate in due course.
Trade fermée: ordre d’arrêt atteint
closed the trade, it passed my invalidation, i think there is still more down. probably a finished impulse and looking for a retracement of the whole impulsive structure. THis would be bull case, bear case is much deeper. Lets see how it plays out
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.