ZmijElliott BTC H4 triangle correction to 26 000?
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Timing:
• until the 100% period we have 2 weeks
• right now we reach 61.8% by the time
• also, the price reacted to 38.2%
Correction levels:
• regular for wave 4 it is 38.2% (for our case it is 26 600 level)
• for crossing with fibo-time it is 26 000 level - it is possible because upper than 50%
• triangle for wave B also likely
• divergence for wave A very confusing (maybe the most confusing part of this structure)
• top of wave A allows us to feel good with the cross of the 4th wave (25 350)
Summary:
• looks like the facts above explain more of the last moving of
BTCUSD
• until the 100% period we have 2 weeks
• right now we reach 61.8% by the time
• also, the price reacted to 38.2%
Correction levels:
• regular for wave 4 it is 38.2% (for our case it is 26 600 level)
• for crossing with fibo-time it is 26 000 level - it is possible because upper than 50%
• triangle for wave B also likely
• divergence for wave A very confusing (maybe the most confusing part of this structure)
• top of wave A allows us to feel good with the cross of the 4th wave (25 350)
Summary:
• looks like the facts above explain more of the last moving of
BTCUSD Dagangan aktif
Moved SL to entrance before opening market.Dagangan ditutup secara manual
The target was 26600, however I manually closed early as the behavior near the border of the triangle, there is no sharp reaction to the continuation of the fall.Komen
Down move paints good ABC-structure. Looks like we will not reach level 26 600.
Penafian
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