BTCUSDT Waves. Under the microscope. (21.11.2017)
"She was not expected, but she came." The Chinese have adjusted the market. Now there are 2 main scenarios in development:
- or the price will continue to build the next lengthening in the wave structure;
- either the hour of corrective movements has come and only God knows where this will stop.
We were knocked out by Stop Loss.
Strategy for today:
1) for purchases - you need to wait until the pulse in wave 1 (black) is formed, and on the correction to 8000-7900 in wave 2 (black) to buy;
2) for short (marginal) sales - the penetration of 7650 wave A (blue) is required. At the correction to the levels 7800-7900 worth selling.
- or the price will continue to build the next lengthening in the wave structure;
- either the hour of corrective movements has come and only God knows where this will stop.
We were knocked out by Stop Loss.
Strategy for today:
1) for purchases - you need to wait until the pulse in wave 1 (black) is formed, and on the correction to 8000-7900 in wave 2 (black) to buy;
2) for short (marginal) sales - the penetration of 7650 wave A (blue) is required. At the correction to the levels 7800-7900 worth selling.
Related publications
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.