Wanchain / BitcoinUpdated wanchain retracing. divergence, H&S and 5th wave
1h bearish divergence with a head and shoulder forming.
5th elliot wave completed and is in for a abc correction. We could also be in the 4th wave but same retracement applies.
5th elliot wave completed and is in for a abc correction. We could also be in the 4th wave but same retracement applies.
Note
Oh yeah if you're looking at it now wait for it to break the H&S lineNote
H&S broken. I've allready taken the trade a while back but I'm more confident it will go down now. Now it needs to break .182-.180 to accelerate down.
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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.