BTCUSD expanded flat ABC correction
Updated
Dear Traders,
This is my first idea and I hope to receive many comments in order to discuss together what is going on with BTC.
Since I got lost when we where at 9k levels, I went back to my book and I feel like we are going to see and expanded ABC flat correction for my primary wave 4 .
In expanded flat corrections with pattern 335 (abc,abc,12345) wave (B) goes beyond the beginning of wave (A) and wace (C) goes down more than the end of wave (A).
So if we are in this case, we should go down to level 8400 usd.
Please comment below your thoughts and ideas.
This is not financial advise, it's only for discussion purpose.
This is my first idea and I hope to receive many comments in order to discuss together what is going on with BTC.
Since I got lost when we where at 9k levels, I went back to my book and I feel like we are going to see and expanded ABC flat correction for my primary wave 4 .
In expanded flat corrections with pattern 335 (abc,abc,12345) wave (B) goes beyond the beginning of wave (A) and wace (C) goes down more than the end of wave (A).
So if we are in this case, we should go down to level 8400 usd.
Please comment below your thoughts and ideas.
This is not financial advise, it's only for discussion purpose.
Comment
Moving on Fib retracement levelsComment
waiting for last drop before the reversal level 8350 could be a key levelTrade closed: target reached
ABC flat correction completed.Hopefully we will see higher prices from now on.
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