Long trading opportunity in Bitcoin after completed Triangle
It seems that we have just completed a Wave B Triangle and also broken above the b-d Trendline.
If this interpretation is correct then we can see next Wave C up till 4380-4700 levels.
Also if this pattern is incorrect then we can exit the longs below 3620 which is also the low of Wave e of the Triangle.
Overall this setup is offering a great Risk to Reward long trading opportunity.
If this interpretation is correct then we can see next Wave C up till 4380-4700 levels.
Also if this pattern is incorrect then we can exit the longs below 3620 which is also the low of Wave e of the Triangle.
Overall this setup is offering a great Risk to Reward long trading opportunity.
הערה:
Trail Stops to 3840 :
הערה:
Trail Stops to 3840 :
הערה:
Target 1 : 4379 achieved, protect open profits by trailing SL
עסקה סגורה: היעד הושג:
Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
