Short

BTSBTC Short trade setup

Mis à jour

BTS will correct a bit after it broke out of the channel, forming corrective wave No 4, but it shouldn't get higher than D (3737)

Open trade : as near as you can to 3737
Target: 2500
Stop loss: a close after 3800

We're in a Double Zigzag correction : textbook form here http://www.elliottwave.net/educational/basictenets/basics_images/fig_13.gif

Transaction en cours

opening a trade at E

Transaction en cours

Adding to my short @ 3700 resistance . if it breaks, trade is cancelled.

Note

I messed up the last chart.

Here is how it should look like

Correction to previous chart Elliot wave

Note

BTSBTC Triagnle formation Double Three with a Triangle

Note

Note

mostly_george

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.