Hi traders!
Lets analize a bitcoin chart.
What we see here:
-Equal legs A=C in ABC correction(blue price ranges)
-Broken trendline(orange dotted)
-Impulse that had broken this line and WXY correction that is unfolding right now
We can assume that current correction will end on the one of Fibo levels
I will search for long entry with good RR ratio based on PA
Good luck and cool head to everybody😎
Lets analize a bitcoin chart.
What we see here:
-Equal legs A=C in ABC correction(blue price ranges)
-Broken trendline(orange dotted)
-Impulse that had broken this line and WXY correction that is unfolding right now
We can assume that current correction will end on the one of Fibo levels
I will search for long entry with good RR ratio based on PA
Good luck and cool head to everybody😎
Note
Trade is in play.You can move your stops to 32700
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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.
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.