Rio in 4H chart
Hello
It has been a while that we are waiting for it rally and I expect it happens this week. I think, if BTC starts rising tomorrow in NY session then it might start too. This consolidation area seems to be an ABC patterns that was trying to finish last wave 5 of (C) and if my forecast came true, it would be open with a Gap or make a shadow to hunt that stops and then rise.
All of these are idea and wait to get confirmations.
Thanks
It has been a while that we are waiting for it rally and I expect it happens this week. I think, if BTC starts rising tomorrow in NY session then it might start too. This consolidation area seems to be an ABC patterns that was trying to finish last wave 5 of (C) and if my forecast came true, it would be open with a Gap or make a shadow to hunt that stops and then rise.
All of these are idea and wait to get confirmations.
Thanks
Note
This is how Elliott works.
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.
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.