BTC to return back to 43,000 before the final dump.
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Hi Traders,
I am an Elliot Wave trader, I believe we are in a huge expanded flat pattern in the weekly timeframe. Flat patterns consist of 3 waves (ABC) with the last wave appearing as an impulse or a 5-move wave. I have identified the January 2022 to be the beginning of the corrective Wave 2 (a smaller expanded flat pattern in the daily timeframe)
I am longing this wave C of the 2nd wave corrective.
Take care traders! Let me know if you have questions.
I am an Elliot Wave trader, I believe we are in a huge expanded flat pattern in the weekly timeframe. Flat patterns consist of 3 waves (ABC) with the last wave appearing as an impulse or a 5-move wave. I have identified the January 2022 to be the beginning of the corrective Wave 2 (a smaller expanded flat pattern in the daily timeframe)
I am longing this wave C of the 2nd wave corrective.
Take care traders! Let me know if you have questions.
Nota
This could turn out to be a running flat pattern as well, with a minimum wave C retracement of 0.618 (36517)Always take profit.
Penafian
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