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Analysis level - (advanced) wave analysis
please don’t forget to follow for more ideas. i’ll post basic type of analysis for new traders and advanced analysis for professionals.
On the BTCUSDT 1D chart, As the cycle degree, it looks like wave ((IV)) down of an ascending impulse is underway.
Wave - ((IV)) impulse
R/R - Extremely high
Target - 6699.95 (13.4 %)
Risk - 7792.02 (0.8 %)
please don’t forget to follow for more ideas. i’ll post basic type of analysis for new traders and advanced analysis for professionals.
On the BTCUSDT 1D chart, As the cycle degree, it looks like wave ((IV)) down of an ascending impulse is underway.
Wave - ((IV)) impulse
R/R - Extremely high
Target - 6699.95 (13.4 %)
Risk - 7792.02 (0.8 %)
Trade closed: stop reached
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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.
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.