BTCUSDT: Elliott Wave Intraday Trading
Hey all.
The price went down within local correction by my trading plan (published in the past here - https://www.tradingview.com/chart/BTCUSD/Qvk4Y6do-BTCUSDT-Local-Waves-Count-Growth-Opportunities/
).
At the moment, as in the past, I am considering 2 options for the development of events:
- by a basic scenario, I will buy in wave 2 of the current initial growth impulse at the levels of 20k-21k and with the target level of profit at
25K-26k (trading plan on the right chart);
- by an alternative scenario, I will close the long and make position overturn in short sell at the level of 19700 in order to get a profit and make position overturn into a long at the level of 17k-16.5k (trading plan on the left chart).
P.S. Guided by a good trading plan, you always know what you will do in the future. Lucky trading!
Best Regards,
CEO Tornado Capital
The price went down within local correction by my trading plan (published in the past here - https://www.tradingview.com/chart/BTCUSD/Qvk4Y6do-BTCUSDT-Local-Waves-Count-Growth-Opportunities/
).
At the moment, as in the past, I am considering 2 options for the development of events:
- by a basic scenario, I will buy in wave 2 of the current initial growth impulse at the levels of 20k-21k and with the target level of profit at
25K-26k (trading plan on the right chart);- by an alternative scenario, I will close the long and make position overturn in short sell at the level of 19700 in order to get a profit and make position overturn into a long at the level of 17k-16.5k (trading plan on the left chart).
P.S. Guided by a good trading plan, you always know what you will do in the future. Lucky trading!
Best Regards,
CEO Tornado Capital
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