Bullish or Bearish...BTC must retrace before beginning its next Wave Cycle
BULL:
12345 Impulse (6800+), Wave 3 end @ 9500
Wave 4 = ABC Zig Zag Correction
"B" end @ 9000
"C" Target @ 8200-8400
Wave 5 = 8200 to >9500 (10500 Target)
BEAR:
12345 Impulse has ENDED at 9500. Wave 5 ends @ 9500
NEW 12345 Bearish Impulse
Wave 1 = "A" of Bull ABC Correction as labeled
Wave 2 = "B" of Bull ABC Correction as labeled
Wave 3 = "C" of Bull ABC
Wave 3 Target = 8200
BULL:
12345 Impulse (6800+), Wave 3 end @ 9500
Wave 4 = ABC Zig Zag Correction
"B" end @ 9000
"C" Target @ 8200-8400
Wave 5 = 8200 to >9500 (10500 Target)
BEAR:
12345 Impulse has ENDED at 9500. Wave 5 ends @ 9500
NEW 12345 Bearish Impulse
Wave 1 = "A" of Bull ABC Correction as labeled
Wave 2 = "B" of Bull ABC Correction as labeled
Wave 3 = "C" of Bull ABC
Wave 3 Target = 8200
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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.