possible last leg of the 5 wave pattern on btcusd... althought the main trend is on the sell side, I see a possible continuation of the pattern before moving into the trend again... I'll keep a sell stop under 50% retrace of the fibo too.
We can see clearly a elliot wave forming on Dolar index, ending this retracement leg, and moving to the next expansion which will lead to 90.400 area.. let's see. This is not a trade, just a movement that will reflex on every dollar pair.. ________ Da para ver claramente uma formação de onda de elliot no indice dólar, terminando essa retração atual e se movendo...
Third low top at the 1h chart, only wicks from the upside. Daily also shows exhaust signal of the bulish trend.
I believe in a breakout from the upside, entry about 50% of the movement, exit at 100% projection from the consolidation range since last week.