BTC short (4th wave to wave 5) based on fibonacci extension tool
BTCPERP
Possible short to the 5th wave which could lead to a possible long of the 5th wave followed by ABC pattern.
Trade active
Trade closed manually
I am closing the trade as we look to have a rejection on the 1:1 fibonacci retracement.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.