BTCUSD - Elliot Wave Analysis
- Expect a minor retracement of minuette wave (c) of minute wave [ii] to around the orange line given on the chart
- After the retracement of minute wave [ii] is completed, expect a parabolic move to the upside.
- After the retracement of minute wave [ii] is completed, expect a parabolic move to the upside.
Trade closed: target reached
As you can see here, price did hit our support at 40984, and it did went parabolic to the upside for awhile
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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.