BTCUSD is completing Elliott impulse wave (12345) or rise soon?
Diupdate
Before answering this question lets take look at previous analysis :
First wave that price see correction and that was expected :
Second wave that price see correction and that was expected too:
and now here we are reaching support zones after each other so maybe some range or even this time some bull candle arrived
but the question is this that how to identify 🚀 is coming in this bearish market ?
when rise is expected ?
before talking about rise consider these :
As we can see before every huge falls that arrived
1.we had about 4d range zone (green rectangle)
2.new falling trendline in this 4 day (Red trendlines)
3.and then break support of range zone and fall
Simple answer :
when red trendline break and for conformation of breakout ,when resistance of red zone break too then bullish market is expected
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
First wave that price see correction and that was expected :
Second wave that price see correction and that was expected too:
and now here we are reaching support zones after each other so maybe some range or even this time some bull candle arrived
but the question is this that how to identify 🚀 is coming in this bearish market ?
when rise is expected ?
before talking about rise consider these :
As we can see before every huge falls that arrived
1.we had about 4d range zone (green rectangle)
2.new falling trendline in this 4 day (Red trendlines)
3.and then break support of range zone and fall
Simple answer :
when red trendline break and for conformation of breakout ,when resistance of red zone break too then bullish market is expected
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
Catatan
(daily time frame and trend) and this rise if arrived would be retest of breakout : 
Catatan
two targets reached (green path )Catatan
medium-term analysis result completed 😉
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