BTCUSD: Elliott Waves Intraday Trading
And yet, the price touched the critical level of cancellation of bullish expectations, and I did not open a long position due to the absence of a breakdown of key resistance levels.
At the moment, I have made adjustments based on the continuation of the possible dynamics.
Intuition suggests that sharp fluctuations towards the $23,000 level and a test of an important Fibonacci level are still possible (this scenario reflects the structure of wave 4, within is likely to forms a WXYXZ model).
In addition, I do not rule out a continuation of the decline within the impulse of wave 5, the structure of which I will refine as the decline(I plan to open a short position on the expected waves 4 with the goal of at $16,500).
Best Regards,
CEO Tornado Capital
At the moment, I have made adjustments based on the continuation of the possible dynamics.
Intuition suggests that sharp fluctuations towards the $23,000 level and a test of an important Fibonacci level are still possible (this scenario reflects the structure of wave 4, within is likely to forms a WXYXZ model).
In addition, I do not rule out a continuation of the decline within the impulse of wave 5, the structure of which I will refine as the decline(I plan to open a short position on the expected waves 4 with the goal of at $16,500).
Best Regards,
CEO Tornado Capital
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