user100000

diagonal update

Pembelian
BITFINEX:BTCUSD   Bitcoin
I believe wave a of 5 has completed the mini expanding diagonal pattern and managed to advance just above the minimum requirement for the fifth wave. I'm expecting wave b to retrace 50% (251) to 61.8% (242) of wave a, but that isn't a requirement; the correction can be shallow also. After some sideways price action wave c should get started with a target of 408 (ideal). At that point, the larger diagonal pattern should be complete.

EDIT: fib retracement on the chart of wave a should read:
50%-------------------------------251
61.8%---------------------------- 242
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.