- Classical impulse correction - At a Demand zone - Very good RR - Possible right shoulder of inverted H&S - If the price shoots below previous low then the set up is invalidated
ABC pattern(AB = CD) - Impulse down then three waves pullback. Classical Elliot wave
BTC confirmed bullish structure after reaching a corrective and it rejected - Currently in the beginning of wave three - Price action shows a possible inverse HnS but not confirmed yet. - Target $9 880 or $11 700, which means Bulls are taking over. -Good luck
flat correction looks complete look for a small flag on 30 min timeframe for long
A very good RR opportunity waiting i.e. R:9.95R Reasons for Long 1. Bullish gartley 2. Entry at a demand zone 3. WXY - X at 50 - 61.8% fib region 4. ABC just above equal legs.
1. WXY expectation 2. 61.8% bounce 3. Demand zone
Small pullback that may be the start of a sideways correction before final upward move.
Last bullish move with alternation in wave 2 vs 4 1. wave 2 was big and sideways 2. wave 4 sharp and shallow 3. Bearish trend-line broken as confirmation for bullish trend