Boon2

BTCUSD H4 Update.

Giá lên
Boon2 Cập nhật   
BITSTAMP:BTCUSD   Bitcoin
H4 We have one wave down and price action suggesting were in a B wave correction. You can look to buy the internal C wave up but I don't see a buy setup as of yet.

D1 Checkout the idea to get up to speed on the possible scenario's.

W1 The MACD has turned down below the 0 line so I'm still expecting price to break below wave A and complete the structure. Checkout the idea for the complete picture thank's.

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Bình luận:
A quick update on H1, price in wave B is very deep which suggests we will only see a C wave up before more downside, currently it's a regular flat correction. It is very unlikely we will get a reversal from here. Its important to note a wave B can break the low before giving the C up for a running or expanding flat so it's important to wait for confirmation before jumping in a buy trade.
Bình luận:
Price broke the low in a B wave so I'm looking for the C up as a running or expanding corrective structure. We have impulse up breaking TL wait for flag to form before jumping in.
Bình luận:
I'm looking at a possible bear running flat in wave B, Checkout the new idea to get the complete picture thanks.

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