BTCUSD Waves. Under the microscope.(03.10.2017)
We were closed by Stop Loss 4300. We were in the market from 22.09. (3500-3550).
The price did not finish the key level at 4550. The level remains questionable. We assume that there may be a refinement in the markup during the day, and the final impulse is not completed. Growth to the level of Fibonacci remains in force. We'll think about how to play the final wave 5 (orange), if it starts to form, and there will be prerequisites in the form of punched levels, an understandable momentum structure in the ascending movement. We do not recommend this to you.
The price did not finish the key level at 4550. The level remains questionable. We assume that there may be a refinement in the markup during the day, and the final impulse is not completed. Growth to the level of Fibonacci remains in force. We'll think about how to play the final wave 5 (orange), if it starts to form, and there will be prerequisites in the form of punched levels, an understandable momentum structure in the ascending movement. We do not recommend this to you.
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