BTCUSD - Corrective wave up before further decline?
Hi all,
I expect BTC to correct upwards in an ABC wave. It's possible that if wave C does not up in an impulse wave set the patter will morph into a complex WXY pattern, which will not impact the targets.
After finalizing the upwards corrective move I expect BTC to continue it's decline, which I assume will progress as an ending diagonal pattern towards 5k2.
PS: For your entertainment only.
Happy trading,
Djappa.
I expect BTC to correct upwards in an ABC wave. It's possible that if wave C does not up in an impulse wave set the patter will morph into a complex WXY pattern, which will not impact the targets.
After finalizing the upwards corrective move I expect BTC to continue it's decline, which I assume will progress as an ending diagonal pattern towards 5k2.
PS: For your entertainment only.
Happy trading,
Djappa.
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