HurricaneCapital

BTCUSD: Elliott Waves Intraday Trading

Short
BITSTAMP:BTCUSD   Bitcoin
The price rose within my bullish expectations.
I closed the long position completely within yesterday's trading plan in profit.

Now I will wait for the situation to clear up and receive signals to open a short position within the expected decline.

In general, the bullish pattern in the form of an ascending zigzag can already be considered implemented.
Naturally, without confirmation of the beginning of the decline, it is too risky to open short positions.
I will be waiting for a breakout of the uptrend line boundary and will continue to subset the waves internally to be able to neatly enter a position in wave 2 or B.

Best Regards,
CEO Tornado Capital
Disclaimer

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.