BTCUSD is making it's way towards the apex of the triangle its been forming for the last 10 days. Wave B retraced 50%. I believe Wave D has already completed, and we will see a 50% retracement for a final touch around 7820. If we bounce off the lower trend line, I'll take out a long position with a tight stop just below the trend line.
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This is NOT financial advice - it's merely my opinion. Do your own research.
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Happy Trading! RP
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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.