Hi traders! Lets analize a bitcoin chart. What we see here: -Equal legs A=C in ABC correction(blue price ranges) -Broken trendline(orange dotted) -Impulse that had broken this line and WXY correction that is unfolding right now
We can assume that current correction will end on the one of Fibo levels
I will search for long entry with good RR ratio based on PA
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.