Bitcoin

BTCUSDT: Elliott Wave Intraday Trading

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Hey all.
The price went down within local correction by my trading plan (published in the past here - https://www.tradingview.com/chart/BTCUSD/Qvk4Y6do-BTCUSDT-Local-Waves-Count-Growth-Opportunities/
).

At the moment, as in the past, I am considering 2 options for the development of events:
- by a basic scenario, I will buy in wave 2 of the current initial growth impulse at the levels of 20k-21k and with the target level of profit at 25K-26k (trading plan on the right chart);
- by an alternative scenario, I will close the long and make position overturn in short sell at the level of 19700 in order to get a profit and make position overturn into a long at the level of 17k-16.5k (trading plan on the left chart).

P.S. Guided by a good trading plan, you always know what you will do in the future. Lucky trading!

Best Regards,
CEO Tornado Capital

Penafian

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