We may have finally found the bottom of this correction. It looks like a huge flat ABC 3-3-5 I'm looking for a long buy set up with the possibility of price breaking out of the top of the correction. If the "C" trend line is broken wait for a correction for a long entry
Comments welcome
Follow for updates Steve
This is not investment advice but rather for education and discussion purposes
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No buy set up yet
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A much deeper correction than I expected but none the less the forecast was pretty much spot on.
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I_see_BTC
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I'd say you are right to look for a long entry now on the smaller time-frame, as the wolfe wave on the 240 time-frame has finally hit target and pushed it into oversold territory