BTCUSD Corrective pattern analysis
Corrective patterns we are in most likely count is WXYXZ pattern.
W - Here is ABC
X - Here is ABCDE Symmetrical triangle
Y - Here is ABC
X - Here is SBCDE Symmetrical triangle
Z - Here is ABC
Right now symmetrical triangle is formed and there are high chances of breaking it upwards.
We will continue to analyze
W - Here is ABC
X - Here is ABCDE Symmetrical triangle
Y - Here is ABC
X - Here is SBCDE Symmetrical triangle
Z - Here is ABC
Right now symmetrical triangle is formed and there are high chances of breaking it upwards.
We will continue to analyze
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.