60% Withdraw Of Last Wave -BTCUSD 3hr Opinion 7/15/2020
A five waves up-stream have begun at 2 Jul, after that we got three waves down.
We can see that the withdraw stopped on 9140 support line. The retracement rate is 60%.
Then a series of narrowing waves formed a trangile pattern.
So I think a new up-stream will start when the price hit the line above the pattern.
And we can except that the rise amount will be simillar with Last up-stream.
Buy:9280 Stop:9180 Target1:9610
We can see that the withdraw stopped on 9140 support line. The retracement rate is 60%.
Then a series of narrowing waves formed a trangile pattern.
So I think a new up-stream will start when the price hit the line above the pattern.
And we can except that the rise amount will be simillar with Last up-stream.
Buy:9280 Stop:9180 Target1:9610
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