BTCUSD. Elliot Waves correction pattern. C wave short idea.

23 Ara 2017

C wave short:
Entry level: 17800
Stop-Loss: 18101
TP: 13000

27 Ara 2017

Not

It's possible that B wave is already complited, keep it in mind.

31 Ara 2017

Not

8 Oca 2018

Not

I'm not sure about this, but that the chart i will operate with right now.
Also, don't think that E wave will brake green trendline, but it's possible.

8 Oca 2018

Not

Why do i think, that green trendline will hold?

8 Oca 2018

Not

However, in May, the ABCDE triangle ended in a protracted fall in wave E, with the breake down from a triangle in wave E (1800 bear trap). Therefore, I admit that after all, we can fall to the level of the previous peak ~ 8000. Although for this price have to break through the trend line, which at the moment is quite critical, and its breakthrough may mean a reversal of the ascending trend. After that, I expect (5) wave up to ~ 24000

11 Oca 2018

Not