Elliot wave + pennant

Mis à jour

An elliot wave is seen and is on its last wave to wave 5 in which a correction occours, this is proved from the pennant which is a trend continuation pattern signifiying a breakout in price.

Note

A MACD cross-over looks to be incoming which is a bullish sign and if we can break out of the 60RSI resistance we will be definitely pumping

Ordre annulé

XBT reached its stop loss but a small pump did occur after the pennant but didnt reach the profit zone.

hamfish111

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