BTC retracement

11 thg 5, 2018

Currently we are in a downtrending channel. Elliot Wave target of the WXY is 8.4k, which has confluence with the AB=CD pattern (AB : .382 retrace = CD : 2.41 - 2.618 ext). Sell near the upper boundary of the trend, and counter trend takes could be taken at the bottom of the trend to ride sell the rally's. If we break out of the channel, expect sharp movement either way.

11 thg 5, 2018

Giao dịch đang hoạt động

going long, stop loss 8665

11 thg 5, 2018

Đóng lệnh: dừng lỗ

11 thg 5, 2018

Giao dịch đang hoạt động

Opened long. 8850 is the .382 retracement. to be safe you can close long here

11 thg 5, 2018

Đóng lệnh: dừng lỗ

counter trend trades did not really work today