Hello traders,
Everything looks bullish right now, but it's possible we see a 5th wave at the end of September going into September around the 0.382 fibonacci level. If that holds and we wick with strong buy pressure I'll become a bull for the entire month of October.
Stay safe, and have a great week.
Please like/comment.
👍
Everything looks bullish right now, but it's possible we see a 5th wave at the end of September going into September around the 0.382 fibonacci level. If that holds and we wick with strong buy pressure I'll become a bull for the entire month of October.
Stay safe, and have a great week.
Please like/comment.
👍
Trade active
Update:
1) 0.618 fib rejected - possible supply zone
2) 21 MA is key support for buyers, lose that and $43,000 probably gets flipped into resistance (s/r flip)
Note
Thoughts:1) 4th wave completed soon ($45,000 resistance)
2) 5th wave sweeping lows tapping 0.382 fib? ($38,000)
3) then ABC breakout pattern during October?
Trade active
Nothing has changed.
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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.