BitcoinUpdated BTC correction down.
Second attempt.
Here again we have:
1) 5 waves down
2) broken trend line
The most probable direction now is down.
SL is around 555 (BITSTAMP)
Profit area 505 - 510
Here again we have:
1) 5 waves down
2) broken trend line
The most probable direction now is down.
SL is around 555 (BITSTAMP)
Profit area 505 - 510
Note
The decline should continue from here.Could be we are moving down from the following triangle:
Trade closed: stop reached
No luck this time, stopped out.Waiting for the next Elliott Waves setup.
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