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BTC Long / Short

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I believe we have finished the 5 wave structure up, we are now currently in the ABC correction process - we have completed wave A and are beginning to start wave B on the way up to $10,200 (notice there is a gap on BTC futures to $10,400 so it may go a little higher to fill the gap). Once the B wave finishes around $10,200 which I think is likely, from there I believe the right move would be to short BTC with a few targets in mind: 1) 1:1 extension of wave A ($9,150). 2) 1:1.236 extension of wave A ($8,900). 3) 1:1.618 extension of wave A ($8,500).

Agree or disagree? Thoughts? Comments? All is appreciated!

Thank you
Not
Party time
İşlem aktif
1st target reached. That's a win in my books.
İşlem aktif
2nd target reached.
İşlem kapandı: hedefe ulaştı
All targets have been reached.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.