BTCUSD: Elliott Waves Intraday Trading
BTC price growth dynamic forced me to close sales in a small profit.
As usual, with the development of the situation, I continue to refine my trading plans.
I had to return the ABC model from the past markups.
At the moment, the correction can take absolutely any form, and judging by how the price breaks through the resistance levels sharply, I take into account even the most unimaginable plan with a breakdown of the level of $21,890.
Trading in such conditions is difficult, but possible if you wait for familiar patterns and models; that's what I'm going to do, as always...
Locally, you can consider buying on m15 chart with a short stop loss. I will consider buying a bitcoin on the breakdown of key resistance level (now is $20,300), and on limit level - of about $20,000.
Best Regards,
CEO Tornado Capital
As usual, with the development of the situation, I continue to refine my trading plans.
I had to return the ABC model from the past markups.
At the moment, the correction can take absolutely any form, and judging by how the price breaks through the resistance levels sharply, I take into account even the most unimaginable plan with a breakdown of the level of $21,890.
Trading in such conditions is difficult, but possible if you wait for familiar patterns and models; that's what I'm going to do, as always...
Locally, you can consider buying on m15 chart with a short stop loss. I will consider buying a bitcoin on the breakdown of key resistance level (now is $20,300), and on limit level - of about $20,000.
Best Regards,
CEO Tornado Capital
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