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absu21
Nov 30, 2020 9:34 AM

BTCUSD Correction wave ( Short-term corrective wave) Short

Bitcoin / DollarBitfinex

Description

The ascending channel has already broken and created lower low.
Now it has created 0.786 retracement of AB leg. Expected extensions of AB leg is the target which is cleared in 1 / 1.27 /1/618 and 2 Fibonacci levels.

Please manage your trade with a Stop at C level.



** for Educational purpose only

Trade closed: stop reached

Russia started accepting Crypto as an asset news effected the move.
Comments
aaravkotadia
ARE YAAR YE 14000 TAK SHORT TERM LAGTA HAI AAPKO
absu21
@aaravkotadia, Lagta tha... abhi nahi lagta... I will post new analysis... main ne 30 Nov ko Trade close kar diya tha...
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