BTCUSD SHORT
Updated
We have so many different scenarios.
1-If this wave is impulse wave can break up and then we can expect it can reach major resistance are 9300ish. If not then we may treat that wave X.
2-If this wave is not impulse and volume is not enough then we can expect a correction WXY or further WXYXZ. If this is the case, it can retrace to 0.618 fib level of bidder wave 1 (green) which around 7200.
1-If this wave is impulse wave can break up and then we can expect it can reach major resistance are 9300ish. If not then we may treat that wave X.
2-If this wave is not impulse and volume is not enough then we can expect a correction WXY or further WXYXZ. If this is the case, it can retrace to 0.618 fib level of bidder wave 1 (green) which around 7200.
Note
yes it is impulse, way to 9300ish.Note
Trade closed: target reached
Scenario 1 is intakeNote
tatata, finish him! Targets reached for short term.Trade closed manually
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.