BTCUSD [LONG] LTF overview
Updated
To continue with my long bias... Lower time frame Elliot Waves count shows us a possible leading diagonal for a wave 1 and ABC down for a possible wave 2, also OBV has touched a trendline from the bottom and got a bounce from 2019 October resistance, which means we could be flipping resistance in to support on OBV. This action is confirming Elliot Wave Count as well, therefore I got to still stay bullish. If we manage to flip above 8500, I would be extra bullish and would be waiting for 9600, at this level I would reevaluate my long exposure
Good trading and good weekend everyone
Good trading and good weekend everyone
Note
P.S. Don't count on me for Elliot Wave levels on the upside, I need more time to actually confirm somethingNote
Elliot Wave lines is not an entry levels or something, it is just labeling as of now. My long entry is at 8300Note
We have got the bounce from the lows, although it is very plausible that it is going to be only and ABC up.... I will update on the wayTrade closed: target reached
Trade is done at 8764, let's see how this action unfolds
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