Timing: • until the 100% period we have 2 weeks • right now we reach 61.8% by the time • also, the price reacted to 38.2% Correction levels: • regular for wave 4 it is 38.2% (for our case it is 26 600 level) • for crossing with fibo-time it is 26 000 level - it is possible because upper than 50% • triangle for wave B also likely • divergence for wave A very confusing (maybe the most confusing part of this structure) • top of wave A allows us to feel good with the cross of the 4th wave (25 350) Summary: • looks like the facts above explain more of the last moving of BTCUSD
İşlem aktif
Moved SL to entrance before opening market.
İşlem elle kapatılmış
The target was 26600, however I manually closed early as the behavior near the border of the triangle, there is no sharp reaction to the continuation of the fall.
Not
Down move paints good ABC-structure. Looks like we will not reach level 26 600.
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